2885 SE Ranch Acres Circle
About This Property
Ranch Colony is an exclusive gated community with just 257 home sites sitting on just over 2100 acres of land with access to horse trails and nature parks. There are two championship golf courses and short drive to world class shopping and fine dining. Close proximity to Desert Rose Ranch, Wellington and the Palm Beach International Equestrian Facilities, allowing access to any level of competition. Easy access to the Turnpike, I-95 and the pristine Jupiter 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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2023 | Sold | ||
| Sold | |||
| Aug 15, 2023 | Listed by Keller Williams Realty Jupiter | $1,750,000 | |
| Listed by Keller Williams Realty Jupiter | |||
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4 bedroom, 3.5 bath 2-4 garage and pretty pool are nestled into this 5.32 acre lot with fenced pasture and small stable for any agricultural endeavors. Spacious, open air split floor plan, updated and freshly renovated kitchen, baths, and more- includes a covered screened porch as well as covered unscreened porch with room to expand. A firepit dots the landscape near the large pool area- with bubbler, waterfall and garden features.
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| Mar 3, 2020 | Sold | ||
| Sold | |||
| Oct 24, 2019 | Listed by Illustrated Properties LLC (Jupiter) | $799,900 | |
| Listed by Illustrated Properties LLC (Jupiter) | |||
| Jun 28, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017