18444 SE Heritage Drive
About This Property
Paradisiacal water views with gorgeous sunrises. Make your 2021 dream resolution come true.
This elegant Palm Beach Style home sits on a raised lot of almost half acre, offering wide views of the quiet North Fork of Loxahatchee River.
A boater's dream property with access to the ocean under the fixed bridge on Tequesta Dr.
The pool deck and the outdoor covered patio add to the comfort of the spacious 3,000 sq ft under air. The royal palm trees planted on the property complement a lush landscape that give a lot of charm and class to this property. The vibrant cherry-wood floors, volume ceilings, crown molding, bring a lot of character to this very comfortable 3 bedrooms 3 bath home. Perfectly located in the desirable Heritage Oaks gated community on the edge of the Jonathan Dickinson State Park, you can peacefully relax, in the middle of nature, minutes from the ocean and all that the Jupiter area offers.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 3, 2021 | Sold | ||
| Sold | |||
| Jan 1, 2021 | Listed by Keller Williams Realty Service | $1,525,000 | |
| Listed by Keller Williams Realty Service | |||
| Jun 16, 2017 | Sold | ||
| Sold | |||
| Oct 26, 2016 | Listed by Keller Williams Realty Service | $1,285,000 | |
| Listed by Keller Williams Realty Service | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017