16717 106th Terrace N
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 28, 2024 | Sold | ||
| Sold | |||
| Nov 7, 2022 | Listed by KW Reserve | $900,000 | |
| Listed by KW Reserve | |||
| | |||
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Welcome to a slice of paradise! This 2.54 acre property is waiting for your personal touch to make it into a tropical oasis. There is plenty of room to expand by adding additional living space and or an additional home on the property. This CBS (concrete block) home was built in 1995 and is move in ready with a newer AC, water system and the roof is 8 years new. There is plenty of It is fully fenced on all sides - the current owner has many farm animals including goats, pigs, ducks and chickens and this is a horse friendly community with many trails nearby. Some other nearby attractions are Jupiter Farms Park with multipurpose fields for our youth and Riverbend with awesome biking and coneing/kayaking. All fo this in great outdoor environment and only a short 15 minute ride to the beach There is plenty of room for boats, campers and RV's - there are 2 RV electric hookups already in place. One thing that makes this property unique and cannot be replicated easily are the 15 Laurel Oak and Live Oake trees that are all over 25 years old. There is a 3 stall barn with additional building that can be used as a workshop or anything else you would need as it is fully wired for 240 electrical. This would be an ideal property for anyone who has an RV (or 2), boats or equipment for a business that needs a large parking area.
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| Aug 23, 2018 | Sold | ||
| Sold | |||
| Jun 19, 2018 | Listed by Berkshire Hathaway Florida Rea | $489,000 | |
| Listed by Berkshire Hathaway Florida Rea | |||
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About Jupiter Farms
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017