23 Ocean Drive
About This Property
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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 |
|---|---|---|---|
| Aug 13, 2020 | Sold | ||
| Sold | |||
| Apr 2, 2018 | Sold | ||
| Sold | |||
| Nov 16, 2017 | Listed by The Keyes Company (Tequesta) | $4,900,000 | |
| Listed by The Keyes Company (Tequesta) | |||
| Aug 20, 2017 | Listed | $5,500,000 | |
| Listed | |||
| | |||
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A fabulous location on the ocean in Jupiter Inlet Colony. Miles of pristine beach to enjoy. This tri level oceanfront home features formal living dining with raised ceilings with traditional wood burning fireplace, spacious master suite, large kitchen and breakfast nook, plus elevator from garage to main living. The garage could accommodate 4 cars. Third level offers a very large family room with full bath and an addition guest bedroom suite and beverage bar. The manager has listed the unit size as 4903 square feet.
| |||
| Jul 8, 2017 | Listed by The Keyes Company (Tequesta) | $5,500,000 | |
| Listed by The Keyes Company (Tequesta) | |||
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About Jupiter Inlet Beach Colony
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$7,500 /mo
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$5,500 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017