146 Santiago Drive
About This Property
The gourmet eat-in kitchen features a large breakfast bar, separate breakfast area with large bay window, kitchen island, recessed lighting, 42 inch white cabinets, and black granite counter-tops with matching 6-inch back-splash and for the chef a gas cooktop.
The ground floor master suite features double door entryway, tray ceilings, his & hers walk-in closets, Roman tub with separate over-sized shower, and double glass sliders leading out to the pool area.
The 2nd floor features 4 additional bedrooms and 2 full baths, each with single vanity with storage and tub/shower combo. The 4th and 5th bedrooms feature a Jack and Jill style bathroom. The large 2nd level balcony overlooks the pool and tropically landscaped backyard offering a quiet place to get away.
a€‹This inviting home is on a private lot that is directly across from the heated community pool and is located in the Jupiter School District. Valencia sits in the heart of Abacoa which offers restaurants, shopping, and community events. Roger Dean Stadium, which is the spring training home to the Florida Marlins and the St. Louis Cardinals is an integral part of down town as is the Abacoa golf course which offers a championship course without a membership requirement. Valencia is perfectly situated 4 miles from the beach and only 20 minutes to Palm Beach International Airport.
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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%.
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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.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017