19081 SE Reach Island Lane
About This Property
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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 |
|---|---|---|---|
| May 29, 2025 | Sold | ||
| Sold | |||
| May 9, 2025 | In contract | - | |
| In contract | |||
| May 1, 2025 | In contract | - | |
| In contract | |||
| Mar 5, 2025 | Price Decreased |
$6,250,000
↓ $250K
(3.9%) | |
| Price Decreased | |||
| Feb 10, 2025 | Listed | $6,500,000 | |
| Listed | |||
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Enjoy breathtaking Easterly views of the wide water, overlooking the Loxahatchee River, from this exceptional home located on a private island in the prestigious Islands of Jupiter. Thoughtfully designed for comfort and functionality, this residence features a ground-floor primary suite, an elevator, and a large upstairs loft that can be used as a gym or an entertaining area. Recent upgrades include a brand-new 2024 roof, fresh landscaping with new trees, and newly installed synthetic turf for easy maintenance. Boating enthusiasts will love the private dock with a lift, offering quick access to the Jupiter Inlet and nearby sandbars. The spacious three-car garage provides ample storage, while the lush outdoor setting enhances the natural beauty of this property.
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Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017