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216 Ridge Road
About This Property
This well-maintained, spacious residence encompasses 1,889 square feet of living space (2,528 total square feet) and is perfectly situated in the heart of everything Jupiter has to offer. Enjoy a luxury coastal lifestyle in this 3BD/2BA home featuring impact-rated windows and a perfect blend of elegance and convenience.
Located just a 12-minute walk from the beach, the property provides easy access to local parks, major highways, and the Bluffs Shopping Center. Excellent restaurants and luxury shopping are right at your fingertips. This is a vibrant community where residents enjoy resort-style amenities, including a pool, tennis courts, pickleball courts. 1st Showing Tuesday 2/10/26 Picturesque sidewalks lined with lush oak trees and tropical landscaping further enhance the charm of this exceptional neighborhood!
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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