18079 Lake Bend Drive
About This Property
Step into your private paradise through the expansive screened patio, where you'll find a generously sized pool area providing the ultimate in tranquility and seclusion. The perfect spot to unwind or entertain guests, this outdoor space is sure to impress.
Inside, the family room features a cozy fireplace, creating a warm and inviting atmosphere. The split floor plan ensures privacy and convenience, while the kitchen boasts elegant oak cabinetry, a pantry, granite countertops, and sleek black appliances, including a new refrigerator installed in 2018.
The living area showcases exquisite 16" neutral diagonal tiles, adding a touch of sophistication. The primary bedroom boasts stylish Mohawk floors installed in 2015 and is adorned with plantation shutters, exuding elegance and charm. Ample storage space throughout the home ensures everything has its place.
Noteworthy features include a reconditioned roof in 2015 and 2021, a garage door installed in 2006, and two air conditioners installed in 2014 and 2020. The added convenience of accordion shutters enhances the home's security and peace of mind.
Located in The Shores of Jupiter, this exceptional community offers convenient proximity to 1-95 and Turnpike interchanges. Benefit from residing in an area renowned for its A-rated schools and remarkably low HOA fees. Just 4 miles away, you'll find the pristine beaches of Jupiter, while the Gardens Mall, Legacy Place, and Downtown Gardens are a mere 10-minute drive. The airport and downtown West Palm Beach are also easily accessible, just 25 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%.
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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017