212 Reo Drive
About This Property
Other features include: Newer pool pump, brand new washer and dryer, utility room, newer refrigerator, convection oven, newer dishwasher, and new luxury vinyl in bedrooms. Just minutes to the Harbourside Place in Jupiter, beaches, fine dining, water activities and so much more. Living in Jupiter Florida is a great pleasure for everyone here. We have blue water beaches, river parks, paddle boarding and other water sports, and many other great outdoor activities for all ages to enjoy. This home has been improved in so many ways including all new stucco siding including the wood base, underlayment, and stucco. The kitchen is a gourmet experience with newer stainless-steel appliances including a double oven, refrigerator, dishwasher, and washer and dryer in the utility room. This home has cathedral ceilings in the dining and living areas making it feel super spacious for great entertainment and gatherings with friends and family. The kitchen opens to the backyard which is very large for this area with plenty of room for the RV or boat.
Then you will find a freeform pool and overflow spa! There is also a covered patio with built in counter and refrigerator where you can barbeque or dine. This lanai comes equipped with a large screen tv to watch your favorite games. This opportunity can only be experienced in person to see all of the craftmanship that was invested in this great home!
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017