Welcome to Jupiter Farms, where space, freedom, and the Florida
lifestyle come together! This exceptional 2022 custom home offers
NO HOA and sits on just over 1.1 acres, giving you the freedom to
bring your boat, RV, trailers, toys, and animals. The 5-bedroom,
3-bath residence features 3,179 square feet under air and 3,703
total square feet, with a split-bedroom layout and soaring 15-foot
vaulted ceilings with cypress beams. The gourmet kitchen features
GE Cafe appliances, quartzite waterfall countertops, pantry, wine
refrigerator, and large island. Enjoy outdoor living on the covered
lanai with summer kitchen and bar overlooking the sparkling pool
with waterfall. The luxurious primary suite offers a sitting area,
two walk-in closets, and spa-inspired bath.
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.
Interior Features: Wet Bar, Built-in Features, Eat-in Kitchen, High Ceilings, Kitchen Island, Pantry, Storage, Soaking Tub, Vaulted Ceiling(s), Bar, Walk-In Closet(s), BedroomOnMainLevel, Bathtub, ClosetCabinetry, DualSinks, LivingDiningRoom, MainLevelPrimary, SplitBedrooms, SeparateShower
Appliances: Cooktop, Dryer, Dishwasher, Electric Cooktop, Electric Water Heater, Disposal, Microwave, Oven, Refrigerator, Water Heater, Wine Refrigerator, Washer
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