147 Castle Island Place
About This Property
Convenient to shopping, restaurants, and beaches. Rialto's gated community offers generous amenities including a resort style pool and clubhouse, children's splash park, playground, cabana grill space, tennis courts, and basketball. Rialto is convenient to both top-rated Jupiter schools and Jupiter Community Park where you can enjoy walking trails, soccer fields, sand volleyball and children can participate in local sports activities. Easily commute to WPB, PBI, and beyond.
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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.
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About Loxahatchee Reserve North
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017