151 Jupiter Key Road
About This Property
Beautifully appointed, including newly finished kitchen update (with new stove), granite countertops, shiplap detailing, 4 new A/Cs, new hot water heater, new pool pump, upgraded powder room and more. Don't miss out on this incredible property! Main house includes 3 bedrooms (all with private balconies), 2 full baths and 2 half baths. It also includes an Office/den with built-in desk and fold down "Murphy Bed" for guests. The separate guest house features a first floor bedroom, full cabana bath, kitchen, laundry, living area, and a separate entry with single car garage. Upstairs in the guest house you'll find 2 bedrooms with a full bath. Other improvements include a new duct system in the 2nd floor of the main house, and new light fixtures and fans. Easy access to I95 and all Palm Beach County has to offer - beaches, theatre, restaurants, shopping and more!
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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 |
|---|---|---|---|
| Apr 7, 2017 | Sold | ||
| Sold | |||
| Feb 6, 2017 | Listed by Keller Williams Realty Jupiter | $1,400,000 | |
| Listed by Keller Williams Realty Jupiter | |||
| Aug 5, 2013 | Sold | ||
| Sold | |||
| Aug 24, 2012 | Listed by Keller Williams Realty Jupiter | $1,400,000 | |
| Listed by Keller Williams Realty Jupiter | |||
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About Jupiter Key
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017