18670 SE Lakeside Way
About This Property
Step through double glass doors into an inviting open layout featuring volume ceilings, crown molding, and neutral engineered wood floors that flow seamlessly throughout the home. The split floor plan provides both privacy and functionality, while recessed lighting, sliding glass doors, and plantation shutters enhance the home's bright and airy ambiance. The renovated kitchen is a chef's delight, featuring white shaker cabinetry, quartz counters... and backsplash, stainless steel appliances, and plenty of counter space for cooking tools and prep. A formal dining room offers an ideal setting for gatherings and entertaining. The spacious primary suite is a relaxing retreat with a coffered tray ceiling, sliding glass doors opening to the patio and pool area, walk in closets and a luxurious primary bath with dual sinks, jacuzzi tub, separate shower, and a large frameless corner window that fills the space with natural light. The large laundry room offers storage cabinetry, a laundry sink, and a charming stained-glass window. Outside, enjoy Florida living at its best on the covered patios, overlooking the large, private heated swimming pool and lushly landscaped, backyard with banana and mango trees. This home is perfect for relaxing or entertaining. The home also features an invisible fence for dogs and a newer roof, A/C & hot water heater. Residents of River Ridge enjoy low HOA fees, a manned guard gate, clubhouse, playground, and tennis courts. Located just minutes from Jupiter and Tequesta's beautiful beaches and waterways, upscale dining, boutique shopping, world-class golf, marinas, the Jupiter Inlet, and Roger Dean Stadium, this home offers the perfect blend of tranquility, convenience, and luxury-and only a short drive to Palm Beach International Airport.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017