416 Erie Drive
About This Property
that has a vinyl lined in ground pool. 2014, almost all windows were replaced with hurricane impact windows. The water heater was replaced in 2015. The AC was replaced in 2011. Down
the street is a neighborhood park. The house Is conveniently located just 1.4 miles from the new Jupiter Harbourside Place and beach road, A1A. All custom faux wood blinds stay with the
home. Pride of ownership shows. Appointments must be scheduled as the home is owner occupied and there are small children and a dog on the premises.
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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 |
|---|---|---|---|
| Dec 10, 2024 | Sold | ||
| Sold | |||
| Nov 8, 2024 | In contract | - | |
| In contract | |||
| Nov 1, 2024 | Listed | $579,900 | |
| Listed | |||
| | |||
|
BEST DEAL IN JUPITER! Welcome to this charming 3-bedroom, 2-bathroom home located in Jupiter, FL. NEW METAL ROOF IN 2024, WATER HEATER AND A/C REPLACED IN 2022, POOL PUMP REPLACED IN 2024! This single-story residence is perfect for those seeking comfort and style. The newly remodeled kitchen features modern appliances, sleek countertops, and ample cabinet space, making it a culinary enthusiast's dream. Step outside to your private oasis, complete with an inground pool, ideal for relaxing and entertaining. This home offers both convenience and tranquility. The garage provides additional storage or parking space. Enjoy the benefits of living in an amazing neighborhood, close to top-rated schools, shopping, dining, and beautiful beaches.
| |||
| Feb 22, 2016 | Sold | ||
| Sold | |||
| May 13, 2015 | Sold | ||
| Sold | |||
Property Highlights
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About Penn Park
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Waterfront Properties & Club C
Last Updated: 4 months ago
Data Source: Beaches MLS, MLS# R10118761
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