1405 Islamorada Drive
About This Property
Welcome home to one of Abacoa's most desired neighborhoods, Mallory Creek in Jupiter. This Sandpiper model, situated on a very quiet street with only 4 homes will delight you from the moment you walk up the steps to the giant (almost 400 sq ft) front patio. Built in 2009, this TRUE 3 bedroom home as been meticulously maintained + offers a very comfortable and open split floorplan under just about 2000 sq feet of liv space. The kitchen overlooks the great room and is well equipped with SS appliances, granite tops, full backsplash & loads of cabinetry. There is also a generous dining room / eat in kitchen that looks out to the porch and back yard. Main living areas offer tile and there is carpet in the bedrooms. Feel completely secure with METAL ROOF, IMPACT GLASS THROUGHOUT, NEW AC,with Ecobee Smart Thermostat! Open the sliders to the back porch which is fully screened and enjoy dining al fresco! Plenty of room to add the pool of your dreams (ask about a pool rendering we are happy to share). The home also offers plantation shutters, crown molding and many decorative moldings throughout. The laundry room is equipped with a slop sink, SS washer and dryer and tons of cabinets for storage. Both bathrooms are sizable and all 3 bedrooms have large closets. Mallory Creek has over 13 miles of common area sidewalks, 1,500 palm trees of different species, and over 1,100 hardwood trees. Mallory also has 2 pools, 1 clubhouse with a gym, and 1 playground with a tot lot. Truly an amazing place to call home year round or seasonally -- Come take a peek today !
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What does this mean?
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 10, 2020 | Sold | ||
| Sold | |||
| Mar 24, 2020 | Listed by Keller Williams Realty Jupiter | $585,000 | |
| Listed by Keller Williams Realty Jupiter | |||
| Aug 13, 2018 | No longer available | - | |
| No longer available | |||
| Jun 29, 2018 | Sold | ||
| Sold | |||
| May 15, 2018 | Listed by Keller Williams Realty Jupiter | $539,900 | |
| Listed by Keller Williams Realty Jupiter | |||
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About Abacoa
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017