69
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17270 Rocky Pines Road
About This Property
solid wood flooring, beam ceilings, new kitchen cabinets and appliances, including a 48 inch duel fuel electric double oven and gas range.
Other notable items are a 2 acre spring fed pond, stocked with largemouth bass. Whole house back up Kohler generator system, hurricane impact windows. Metal roof, complete underground drainage system with lift station pump, reverse osmosis water system for house water. There are 2 additional dedicated wells for Irrigation, on the east side and west side of the property.
Embrace the outdoor living enjoyment in the 20 x 34 ft. Heated swimming pool with 8 person heated jacuzzi spa. Everyone will love chilling and grilling in the 16 x 25 ft. pool house/outdoor kitchen BBQ and bar area.
Have a car collection or other hobbies? The 2550 square ft. air conditioned garage with 1/2 bath and 14 ft. ceilings is properly powered and air conditioned. A few more notable features include a 1000 gallon propane tank, underground electric, 600 amp service at main distribution panel. 200 amp panels to driveway for gate and irrigation, 200 to the garage, 200 to the residence.
Just 3 miles west of the turnpike and 9 miles to the beach, this property offers the feeling of privacy and seclusion, while having easy access to fine dining and Jupiter's world class golf courses.
The residential/agricultural zoning save $thousands in annual tax and opens up potential uses including horticulture, floriculture, dairy, livestock, equestrian, bees as well as religious buildings and churches.
Convenient to:
Publix 2 miles
Jupiter Lighthouse Park and Museum 10 miles
Atlantic Ocean beaches 10 miles
Palm Beach International Airport 25 miles
North County Airport 16 miles
Riverbend Park 3 miles
Turnpike and I-95 4-4.5 miles
Must see to appreciate!
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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%.
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017