202 Alcove Point Lane
About This Property
This 4 bedroom + office + den beautiful & bright dream home is located in stunning Sonoma Isles in Jupiter. Enjoy cooking in the open kitchen, while having the feeling of indoor/outdoor living with the impact glass sliding doors open, bringing in a refreshing breeze. Enjoy paradise right in your backyard with the luxurious screened in salt water pool
and summer kitchen overlooking the lake. The kitchen is equipped with state of the art Kitchen Aid appliances, quartz countertops, a tile backsplash, and recessed lighting. The first floor master suite has a beautiful wood-like tile flooring, views of the pool and lake, along with a massive walk-in shower and spacious walk-in closet. See additional remarks The upstairs loft adds almost 1,200SF AND 4TH BEDROOM.
ADDITIONAL FEATURES INCLUDE:
Whole House Generator
Natural Gas
Saltwater Heated Pool,
Aqualink controls everything from lights, temperature to water level.
Summer Kitchen.
Screened in Patio.
Upgraded landscaping features
Screened in entrance for optimal air flow during cooler months
High Efficiency Lennox HVAC
Rare loft addition with full bath and bedroom.
Office, Gym, Mother in Law Suite, almost 1,200sf added.
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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 Jupiter
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017