44
Map
1779 Len Drive
About This Property
This unique 2-family/mother-daughter has been gutted to concrete and completely renovated 2016. Recessed LED lighting, ductless air, hurricane doors and windows, crown molding, quartzite countertops, porcelain flooring, 2 fireplaces, glass-tiled showers, commercial-grade tankless water heaters, whole-house water filtration system, stainless appliances, steam-cycle washer/dryer sets, UHD TV's (5) all wall mounted, wall fountains, elegantly furnished. 2 driveways are compacted road rock under gravel. Plenty of space for your boat and your RV. Parking for 6 vehicles. Car port. Front and back yards were graded then covered with com landscape fabric/gravel.
Great rental income. 2-bedroom is a single story and one-bedroom is 2 stories with a spiral staircase. Everything from the CBS construction in is new: insulation, wiring, plumbing, everything.
Wind mitigation report, 4 point inspection and appraisal available.
Insurance is $1420.00 per year. No HOA. 1/4 mile to Juno Park boat launch.
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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 |
|---|---|---|---|
| Oct 22, 2020 | Sold | ||
| Sold | |||
| Aug 10, 2020 | Listed by Compass Florida LLC | $449,900 | |
| Listed by Compass Florida LLC | |||
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Beautifully finished and fully renovated investor or homeowner opportunity! Offering 2 bedrooms and 2 baths in the main house, and a 1 bedroom 1 bath apartment with it's own balcony and private entrance. Live in one and lease the other or lease both for excellent income potential. This home offers full impact glass protection, stainless steel appliances, Quartz counter tops in the kitchen, crown molding, two tank-less water heaters. The extended driveway allows plenty of room to park your boat, and as an added bonus you are only 2 blocks from the Juno Beach Boat Ramp. The apartment floor plan has kitchen on first floor with living room, bedroom and bath on second level. Just a hop skip and a jump to Juno Beach Pier, and if you're a dog lover, Jupiter Beach allows you to bring your pet ! Enjoy living in the heart of North Palm Beach only moments away from The Gardens Mall, a multitude of fabulous restaurants, Palm Beach International Airport, and don't forget the Beach!
The North Palm Beach area of Florida was developed by philanthropist John D. MacArthur. Known worldwide for its recreation, North Palm Beach boasts The Palm Beaches' only state park.
And what a great place to soak up the sunshine, work on your tan or kayak the blue waters of an Atlantic Ocean barrier island. John D. MacArthur Beach State Park is an eco-friendly and family-friendly treasure, complete with nature trails and picnic facilities, a Nature & Welcome Center, kayak rentals and more.
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| Aug 8, 2020 | No longer available | - | |
| No longer available | |||
| Jul 25, 2020 | Listed | $449,900 | |
| Listed | |||
| | |||
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Fantastic fully renovated investor or homeowner opportunity! Offering 2 bedrooms and 2 baths in the main house, and an additional 1 bedroom 1 bath apartment with it's own balcony and private entrance. Live in one and lease the other or lease both for excellent income potential. This home offers full impact glass protection, stainless steel appliances, Quartz counter tops in the kitchen, crown molding, two tank-less water heaters, and water filtration system. The extended driveway allows plenty of room to park your boat, and as an added bonus you are only 2 blocks from the Juno Beach Boat Ramp. The apartment floor plan has kitchen on first floor with living room, bedroom and bath on second level. Enjoy living in the heart of North Palm Beach only moments away from The Gardens Mall The manager has listed the unit size as 1624 square feet.
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| May 10, 2020 | No longer available | - | |
| No longer available | |||
Property Highlights
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About Juno Ridge
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017