Beautifully updated 3BR/2BA CBS home on 1.25 acres of elevated,
beautifully landscaped land in Jupiter Farms! 1,900 sq. ft. under
air and 3,200 sq. ft. under structure. Open floor plan, spacious
3-car attached garage, and large screened patio. Extensive 2020
upgrades include new roof, septic drain field, A/C, and water
treatment system. Hurricane-impact windows, doors, sliders, and
gutters installed in 2021-2022; new appliances in 2024. Updated
interior doors, trim, molding, and fresh paint. Massive 30x60
(1,800 sq. ft.) pole barn provides exceptional storage for boats,
RVs, and equipment. Architectural expansion plans available for a
potential 5BR/3BA home with over 3,000 sq. ft. under air, subject
to approvals. Ideal for those seeking acreage, privacy, and
flexibility in Jupiter Farms!
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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