18881 Big Cypress Drive
About This Property
Metal Roof
Stucco with 2 Layers of Vapor Barrier (1 more than standard)
Freshly Painted In & Out
HVAC - new duct work
Hot Water Heater
Electrical Updated to Current Code
Plumbing Throughout is NEW
Drywall
Professional Landscape All Around & New Irrigation System
Wood Plantation Shutters
Rehabbed Pool, Patio & Enclosure
Did I mention everything is new?
This home is ready for you to move right in and enjoy with no projects to do for MANY years. Streets within the Shores wind around nature preserves and lakes throughout the community. Located minutes from local restaurants, shopping, I-95, Turnpike, and the beach is only a 10 minute drive. Residents of the Shores enjoy low fees - $205 / quarter and all A-rated Jupiter schools.
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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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About Shorewood
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017