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5980 Our Robbies Road
About This Property
Location, Location, Location
Tucked away on a hidden, one-way-in, one-way-out street directly adjacent to world-famous Pennock Point, this home offers the feel of a private, gated estate community - without the gate. That's how secure, peaceful, and private it feels. This is one of Jupiter's most sought-after addresses, surrounded by $20M-$60M waterfront estates owned by celebrities, athletes, and power players from around the globe.
This little-known neighborhood is home to just 11 properties, each nearly an acre and each built to true estate standards!
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017