63 Colony Road
About This Property
This 2400sq ft, CBS Single Story home has great curb appeal, circular driveway, open floor plan, Concrete Tile (1997), Newer AC (2010), Shutters for most windows & French Doors Impact Glass in Florida Room. The home needs updating, but has good bones Located in one of Florida most desirable neighborhoods, Jupiter Inlet Colony. This 4 Bedroom, 2 Bath, 2 Car Garage is best value in The Colony. Surrounded by the Atlantic Ocean, Intracoastal Waterway and The Jupiter Inlet, Jupiter Inlet Colony is Jupiter Island's best kept secret. It offers its residents a spectacular lifestyle with amenities such as, secluded and pristine beaches, great fishing and snorkeling, private Beach Club, private marina and yacht club, and close proximity to world class shopping & restaurants. This 2400sq ft, CBS Single Story home has great curb appeal, circular driveway, open floor plan, Concrete Tile (1997), Newer AC (2010), Shutters for most windows & French Doors Impact Glass in Florida Room. The home needs updating, but has good bones, great curb appeal and one of the premier locations anywhere. This is the most attractive priced home in the community. See attached actual floor plan & proposed floor plan with a pool.
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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 |
|---|---|---|---|
| Sep 5, 2017 | Sold | ||
| Sold | |||
| Jun 15, 2017 | Listed by Illustrated Properties LLC (Jupiter) | $1,575,000 | |
| Listed by Illustrated Properties LLC (Jupiter) | |||
| Jun 13, 2016 | Sold | ||
| Sold | |||
| Sep 11, 2014 | Sold | ||
| Sold | |||
| Jun 22, 2014 | Listed by Illustrated Properties LLC (Jupiter) | $849,000 | |
| Listed by Illustrated Properties LLC (Jupiter) | |||
Property Highlights
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About Jupiter Inlet Beach Colony
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017