229 Sugar Apple Way
About This Property
This immaculate CBS home has been thoughtfully refreshed throughout with modern finishes, including new Benjamin Moore Chantilly Lace paint and new coastal style luxury vinyl plank flooring. Major improvements include a brand new roof October 2025, brand New Stainless Steel appliances, & a newly re-screened pool enclosure ensuring effortless Florida living
Additional updates show attention to detail with new toilets, new door knobs, updated cabinet hardware, new ceiling fans, new light fixtures, and bathroom mirrors with added trim. The kitchen and bathrooms feature new plumbing fixtures, completing a clean, modern update that is move-in ready.
Located close to Abacoa Town Center, parks, A-rated schools, dining, and everything Jupiter has to offer, this home offers a rare combination of premier green space frontage in one of Abacoa's most coveted settings with tasteful updates and a true sense of community.
The HOA enhances ease of ownership with included lawn care, cable, high-speed internet, and periodic exterior repainting, most recently completed in 2023, along with access to two community pools, a clubhouse, playgrounds, and a new fitness center scheduled to open in March.
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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 |
|---|---|---|---|
| Mar 3, 2026 | Sold | ||
| Sold | |||
| Feb 16, 2026 | In contract | - | |
| In contract | |||
| Jan 29, 2026 | Listed by Keller Williams Realty Of The Treasure Coast | $765,000 | |
| Listed by Keller Williams Realty Of The Treasure Coast | |||
| Sep 9, 2025 | Sold | ||
| Sold | |||
| Aug 14, 2025 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017