6422 Fox Run Circle
About This Property
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Retreat to your master bedroom to find a sprawling suite with soaring ceilings complemented by wooden beams, and an ensuite with a custom, real wood vanity, a frameless shower, and a linen closet.
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The backyard at 6422 is the perfect place to relax and enjoy the South Florida tropical climate with a new sparkling, salt-water swimming pool with lights and PebbleTec completed in 2017 by RHR pools. With its extensive, lush landscaping with clusia and areca palm trees, fountains and custom cabana bath with a walk-in shower, you'll want to spend every moment in your backyard soaking up the sun and hosting friends and family for pool days and barbecues. A bonus feature, the pool pump and fence are brand new!
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Additional attributes you will love about this home are the huge laundry room, extensive closet space with new custom built-ins, a spacious two-car garage with a brand new garage door and 400 Amp Service Panel for electric. This home has a $45k stone-coated metal roof from 2012 with a 50-year warranty. The 2 ACs are from 2014 and are under a 10-year warranty and its 2 tankless electric water heaters are also from 2014. The home is on well water and a water softening system, and the sewer assessment has been PAID IN FULL. 6422 Fox Run Circle boasts full hurricane protection with accordion shutters on every window and impact sliding glass doors on the porch and laundry room.
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6422 Fox Run Circle offers endless potential with its large property, over 2,200 square feet of living space, and with plans already paid for and approved for the next owner to create their dream master suite and detached guesthouse! This home is situated in the perfect Jupiter location close to the fine dining, extensive shopping, and breathtaking beaches in the area, yet tucked away on a huge private lot! Zoned for Jupiter A-rated schools, 6422 Fox Run is the perfect home for a family! Don't miss your opportunity to own this spectacular Jupiter home!
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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%.
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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 Fox Run
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017