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16490 130th Avenue N
About This Property
A heated saltwater pool highlights the backyard, complemented by new sod, fresh landscaping, and a full irrigation system with Wi-Fi control. The 48x25x16 pole shed, added in 2022, includes 50 amp RV service and 110/120V outlets, offering excellent flexibility for storage, equipment, or recreational use. A separate 10x12 she-shed, built in late 2022, is insulated and outfitted with a window A/C unit, making it ideal for hobbies, creative space, or a quiet retreat.
Additional highlights include full impact windows and doors, a new roof (2022), new HVAC system, and a 2022 water heater. A buried 500-gallon propane tank powers the 26kW Kohler whole house generator, providing backup security and peace of mind. The pool heater is electric. Situated on a paved corner lot and fully fenced, the property allows room for RVs, boats, or future expansion. With a strong foundation and valuable systems in place, this home offers long-term potential in one of Jupiter's most desirable acreage neighborhoods.
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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%.
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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.
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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017