6419 Jupiter DR
About This Property
Here are the city notes regarding Jupiter Drive:
A rezoning proposal to SF-3 zoning necessitates an update to Jupiter Drive, covering approximately 2300 linear feet of roadway. This update involves widening the road to 31 feet and bringing it in line with County standards. Moreover, the developer must secure additional Right of Way (ROW) for these improvements by purchasing the remaining 50 feet of ROW from adjacent private properties. It's essential to consider the financial aspects, including construction costs for the roadway update and expenses associated with land acquisition and design.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jan 4, 2025 | No longer available | - | |
| No longer available | |||
| May 1, 2024 | Price Decreased |
$1,190,000
↓ $310K
(20.7%) | |
| Price Decreased | |||
| Apr 18, 2024 | Relisted | $1,499,900 | |
| Relisted | |||
| Mar 12, 2024 | In contract | - | |
| In contract | |||
| Jan 15, 2024 | Listed by Bison Creek Real Estate LLC | $1,499,900 | |
| Listed by Bison Creek Real Estate LLC | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/15/2024
| |
Loft
|
2 Bath
|
1522 ft²
|
$1,499,900
Loft
2 Bath
1522 ft²
|
-
-
|
Tom Maher
Fathom Realty
|
|
12/09/2022
| |
Loft
|
3 Bath
|
2274 ft²
|
$1,699,000
Loft
3 Bath
2274 ft²
|
-
-
|
Tyler Skinner
Brautigan Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017