249 Barbados Drive
About This Property
Uniquely setback from the street with large green space in front, the home is well protected from storms by neighboring homes and is on the Jupiter Hospital electric grid ensuring quick power restoration in case of an outage.
Island at Abacoa offers a community pool, clubhouse, playground areas and parks. Walking distance to the Abacoa Golf Club (no membership required), downtown Abacoa, restaurants, shops, Roger Dean Stadium, Scripps, Max Planck, FAU and I95 with the beaches just minutes away. An ideal home to enjoy the year-round paradise that is Jupiter and the Palm Beaches.
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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