303 Alicante Drive
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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%.
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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 |
|---|---|---|---|
| Dec 2, 2024 | Sold | ||
| Sold | |||
| Jun 26, 2024 | Listed by KW Reserve | $2,899,900 | |
| Listed by KW Reserve | |||
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Excellent location in Juno on the ocean side of Pelican Lake w/gated entry providing privacy & security! Modern, eclectic home offering 4 bedrooms, 4.5 baths with saltwater pool & spa newly redesigned and finished. Roof 2014 w/open cell insulation applied to the sheathing in the attic keeps the home cool all year round. Impact windows and doors! The kitchen has a bay styled eat in area, patio/pool access, Viking double oven & cooktop, stone counters, abundant cabinets and a French door refrigerator. Onyx topped wet bar features a Sub-Zero wine cooler & soda/beer tap. Primary + 2nd BR, 3.5 baths downstairs! 2 addl bedrooms + Jack n Jill up. Come home to relax: low HOA fee includes your lawn & landscape maintenance, security gate plus private access to the Atlantic Ocean sand & serenity!
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| Apr 22, 2024 | No longer available | - | |
| No longer available | |||
| May 12, 2023 | Listed by Palm Beach Real Estate Network, LLC | $3,250,000 | |
| Listed by Palm Beach Real Estate Network, LLC | |||
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Prime location in Juno Beach on the ocean side of Pelican Lake w/gated entry providing privacy & security! Modern, eclectic home offering 4 bedrooms, 4.5 baths with screened in patio, saltwater pool & spa! New water heater in 2020 & 2014 roof w/GREEN applied open cell insulation in the attic to keep the home cool all year round. Impact windows and doors! The kitchen has a bay styled eat in area, patio access, Viking double oven & cooktop, granite counters, and a new French door refrigerator in 2020. Enjoy a cold beverage from the Onyx topped wet bar featuring Sub-Zero wine cooler & soda/beer tap. 2 huge bedrooms upstairs. Low HOA fee includes your lawn & landscape plus private access to the Atlantic Ocean sand & serenity! Beachfront lifestyle=Paradise found! The manager has listed the unit size as 3007 square feet.
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| Oct 14, 2022 | No longer available | - | |
| No longer available | |||
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About Juno Beach
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KW Reserve
Last Updated: 8 months ago
Data Source: Beaches MLS, MLS# R10999465
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Address: 335 Madison Avenue, New York, NY 10017