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1768 Tudor Road
About This Property
The term ''paradise'' is typically exhausted regarding & describing most homes. This rebuilt waterfront utopia is not just eye-catching solely for its exterior beauty, but more so for all the intangibles associated with it. Located in the charming and peaceful neighborhood, A JUNO ISLES WATERFRONT OASIS. This home was open to Public Bidding and Price Opinions for 20 days, May 21st - June 10th. There were 20 bids and 59 written opinions of value received (from both the public as well as the realtor/mortgage/appraisal profession). None of the 20 bids submitted reached the Public's Opinion of Value. The seller has instructed Public Pricing" to make this home available at the Public Opinion of Value.
Now a NEW HOME, Completed in 2017. The term "paradise" is typically exhausted regarding & describing most homes in South Florida. However, this brilliant newly constructed utopia is not just eye-catching solely for its exterior beauty, but more so for all the intangibles associated with it. Located in the charming and peaceful neighborhood, A JUNO ISLES WATERFRONT OASIS.Custom Rebuilt Waterfront Home, Structure built 1963 Totally Rebuilt (taken down to a few walls.) Bertazonni Professional Kitchen, Natural Stone Bathrooms, 7.5" European Oak Floors, All LED lighting, LEED Certified Green Design, Solar Heated Pool, Cat 5 Cable throughout, Icynene insulation with cooled attic. This home was rebuilt like a fortress using custom steel reinforcement with a safe room included & ready for a 2nd story if desired. All Hurricane impact doors & windows with UV protection ($80K), many pocketed sliding doors to bring a slice of that cross-ventilation ocean air. The term "paradise" is typically exhausted regarding most homes in the South Florida. However, this brilliant newly constructed utopia is not just eye-catching solely for its exterior beauty, but more so for all the intangibles associated with it. Located in the charming and peaceful neighborhood that is Juno Isles, this home faces NW with a back patio facing SE where the Atlantic Ocean provides a consistent cooling sea breeze from less than 1 mile away! Prime location for "dog lovers" with a private 2 ½ mile stretches of beach where dogs may run freely within a 10 minute driving radius. Though in truth you will likely spend most of your time out in the patio where you can gaze over your solar powered/heated pool while the children and pups are playing off to the side of your spacious lawn surrounded by a privacy fence.
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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.
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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