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168 Manor Circle
About This Property
Outdoors, the home transforms into a tropical oasis. A covered loggia offers a cool, shaded area to enjoy the breeze, while the Pebble Tech heated saltwater pool and spa invites you to take a dip. Travertine marble decking and lush tropical landscaping provide a beautiful backdrop for relaxation or outdoor entertaining. Recent updates include a new water heater (2022) and downstairs AC unit (2021), ensuring comfort and convenience for years to come. This home is truly a gem, offering an unparalleled lifestyle in one of Jupiter's most sought-after communities.
Rialto is a gated community located within A-rated schools and across from a nature preserve. The HOA takes care of the lawn in front and back as part of the dues. Amenities include an amazing clubhouse with fitness center, kids splash park, resort-style pool and jacuzzi, numerous playgrounds, basketball courts, 2 tennis courts, walking/jogging trails, and much more. The Rialto social committee is always busy planning events for residents of all ages. Jupiter Community Park is right across the street and offers many sports for kids and adults. Rialto is centrally located in Jupiter, close to pristine beaches, upscale restaurants, and shopping. It is only a short drive to Palm Beach International Airport with easy highway access via I-95 and the Turnpike, which are only minutes away.
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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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About Loxahatchee Reserve
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017