This stunning 4 Bedroom, 3 Bath single level Monterra model offers
over 2,850 sq ft of beautifully maintained living space on one of
Rialto's most desirable long lake lots. Original owner has lovingly
upgraded the home with rich wood flooring, luxury bedroom carpet,
custom millwork, built in closets, plantation shutters, custom
blinds, designer wallpaper & beautiful lighting that enhances every
room with warmth and sophistication. A custom bar adds an elevated
entertaining space. Additional features: Pristine 3 car garage with
epoxy floors and mini split A/C, full impact glass, and a .3 acre
pie shaped lot with wide angle lake views. The expansive outdoor
space is pool ready and offers endless potential to create a dream
retreat-an incredible opportunity to elevate the property and
equity. The Monterra's open concept design is one of Rialto's most
popular layouts, offering effortless flow and perfect 3 way split
floorplan. One guest bedroom is en-suite w/ a walk in shower, and
currently used as the office. The 2nd full bath sits between guest
rooms 3 & 4, has dual sinks and a tub/shower combo. The master
en-suite overlooks the lake and yard and feels like a retreat! All
within Jupiter's top rated school zones and minutes to shopping,
dining, beaches, I 95/Turnpike, and PBI airport. A rare combination
of location, lot, layout, upgrades, and meticulous care. This home
feels special, and is ready to welcome it's next owners!
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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