Discover effortless one-level living in Oak Harbour, a sought-after
Intracoastal community in Juno Beach with a manned security
entrance. Light, bright, and inviting, this spacious 2-bedroom,
2-bath single-family home also features a versatile den and a 2-car
garage. High ceilings and luxury vinyl plank flooring enhance the
open, airy feel throughout. The well-appointed eat-in kitchen
offers a center island, granite countertops, and newer
stainless-steel appliances. A generously sized primary suite
features sliding glass doors opening to a private patio, while the
screened lanai provides the perfect setting for relaxing or
entertaining. Recent improvements include the roof, A/C, flooring,
and exterior paint. Residents enjoy two pools, tennis and
pickleball courts, a clubhouse, fitness center, and marina with
opportunities to lease or purchase a boat slip, subject to
availability. Ideally located just minutes from Juno Beach,
shopping, dining, and the best of the coastal lifestyle.
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.
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