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620 NW Red Pine Way
About This Property
community known for its serene beauty and an abundance of amenities. This charming 3-bedroom, 2-bath Villa is
the perfect blend of comfort and Living Space, offering everything you need for a relaxing lifestyle. Step inside and
discover an open-concept layout. Kitchen with granite countertops, pantry and plenty of cabinets. Step out onto your extended screen enclosed lanai. A/C system installed 2016, new garage door and epoxy floor covering 2025. Electric Retractable Electric Storm Screens installed on Lanai for added Sun and Storm protection. Jensen Beach Country Club Homeowner association Fees provide easy living with three heated pools, tennis & pickleball courts, cable TV, High Speed Internet, lawn care and more. Conveniently located to Downtown Jensen Beach, shopping, and minutes to the Beach. Your oasis in Jensen Beach awaits.
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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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About Jensen Beach
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$3,500 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017