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3349 BRIDGEGATE Drive
About This Property
Meticulously updated inside and out, major mechanical and structural improvements include a 2023 roof, HVAC systems (2019/2017), 2017 impact windows, insulated garage doors, and an air-conditioned and heated large storage space. Step inside to soaring tray and coffered ceilings, gleaming marble floors, solid core wood doors, and beautifully updated main-level living spaces anchored by a striking fireplace. Exceptional custom built-ins add refined style and storage to the formal dining room, private office, and family room. The chef's dream kitchen overlooks the tranquil lagoon, creating a breathtaking backdrop for both daily living and entertaining. An enormous primary suite with sitting area and spa-like bath welcomes you with exceptional long views of the water.Upstairs, the updated second floor features brand-new carpet throughout and offers a remarkable retreat: a lavish main guest bedroom that feels like a second primary suite, complete with extraordinary water views.
Outdoors, the private waterfront oasis is surrounded by brand-new lush landscaping and custom exterior lighting. Relax beside the recently updated resort-style pool and hot tub, or head down to your deep-water setup featuring a 20,000-pound boat lift alongside a floating dock for effortless watercraft launch and access to open waterways. A triple car garage is an added benefit for those with a golf cart or extra vehicle.
Ideally situated within Jonathan's Landing Golf Club, one of Jupiter's premiere gated communities, residents enjoy an unmatched, highly convenient location paired with top-tier security and 24/7 armed protection. Club membership is available but never mandatory, granting access to a premier lifestyle with three championship golf courses, active tennis and pickleball programs, a state-of-the-art fitness center and spa, exceptional dining venues. All of this is located just minutes from pristine beaches, world-class shopping, and Palm Beach International Airport.
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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.
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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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About Jonathan's Landing
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017