2
Map
413 N Cypress Drive #2
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%.
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 |
|---|---|---|---|
| May 6, 2024 | Sold | ||
| Sold | |||
| Apr 2, 2024 | Listed by RE/MAX Properties | $315,000 | |
| Listed by RE/MAX Properties | |||
| |||
|
Introducing the home of your dreams! Nestled in the highly coveted Village of Tequesta, this charming 2 bedroom, 1.5 bathroom townhome has undergone a beautiful renovation from top to bottom. Starting with full hurricane-impact windows and doors that not only provide peace of mind but also energy efficiency. Step inside to be greeted by the luxury vinyl plank flooring that guides you toward the heart of the home - a gorgeous new kitchen with custom cabinetry, stainless steel appliances, subway tile backsplash, and granite countertops making it an absolute showstopper.
The living room is cozy and intimate, perfect for relaxing and entertaining guests. A custom wood accent TV wall adds a touch of rustic elegance and a sliding glass door leads out to a private back patio retreat that is perfect for enjoying a morning coffee, evening cocktail or letting the kids have some fun. The main level also features an additional half bath along with a washer/dryer for added convenience.
Ascend the stairs to find two spacious bedrooms and a beautifully updated main bathroom with stunning tile work in the shower and an updated vanity. The new tankless Rheem hot water heater ensures that you never run out of hot water, no matter how long you want to relax in the shower. The AC has been fully serviced with parts replaced, so you can move in with peace of mind.
The location is simply unbeatable - you will be just steps away from some of the area's best dining, nightlife, beaches, and the iconic Jupiter Lighthouse. This is a rare opportunity to own a fully updated, move-in-ready townhome in one of the most desirable areas in Tequesta. Don't miss out on this gem!
| |||
| May 7, 2021 | Sold | ||
| Sold | |||
| Apr 5, 2021 | Listed by Illustrated Properties LLC / Sewalls Point | $179,900 | |
| Listed by Illustrated Properties LLC / Sewalls Point | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/02/2024
|
2 Bed
|
1 Bath
|
1024 ft²
|
$315,000
2 Bed
1 Bath
1024 ft²
|
$300,000
-4.76%
05/06/2024
|
Clay Damon
RE/MAX Properties
| |
|
05/19/2023
|
2 Bed
|
1 Bath
|
1024 ft²
|
$305,000
2 Bed
1 Bath
1024 ft²
|
$277,500
-9.02%
07/11/2023
|
John Stevens
Lavonia Waterfront Properties, LLC.
| |
|
04/05/2021
|
2 Bed
|
1 Bath
|
1024 ft²
|
$179,900
2 Bed
1 Bath
1024 ft²
|
$187,000
+3.95%
05/07/2021
|
Linda Hannah
Illustrated Properties LLC / Sewalls Point
| |
|
08/26/2018
|
2 Bed
|
2 Bath
|
-
|
-
2 Bed
2 Bath
|
-
-
|
Kendall Kruszynski
Keller Williams - Jupiter
| |
|
02/15/2018
|
2 Bed
|
1 Bath
|
1024 ft²
|
$174,000
2 Bed
1 Bath
1024 ft²
|
$174,000
04/26/2018
|
Katie Rawnsley
Compass Florida LLC
|
Building Info
About Georgetowne Place
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017