324 Tequesta 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%.
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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 16, 2024 | Sold | ||
| Sold | |||
| Nov 20, 2024 | In contract | - | |
| In contract | |||
| Nov 7, 2024 | Price Decreased |
$649,000
↓ $36K
(5.3%) | |
| Price Decreased | |||
| Nov 1, 2024 | Listed by Savvy Avenue, LLC | $685,000 | |
| Listed by Savvy Avenue, LLC | |||
| | |||
|
Compact but well laid out 3/2 in the heart of Tequesta. Walk to shops and dining (Perk is a short stroll away for your morning coffee fix). No HOA. Fully fenced back yard. Plenty of room for a pool. Large covered back patio. Majority of the house has impact windows/doors. Irrigation system is on a well.
Updates:
2024:
Remodeled kitchen
New flooring throughout
Remodeled bathrooms keeping retro vibe
All new appliances
Fully painted exterior and interior including ceilings, shutters, carport floor, back patio floor
Added recessed lighting/ceiling fans/new closet shelving
10.5K of professional landscaping/new sprinkler coverage
New mailbox / exterior wall lights
New front door
2023
New metal roof
2021
New A/C
| |||
| May 6, 2024 | Sold | ||
| Sold | |||
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About Jupiter in the Pines
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017