Updated CBS 5BR + office, 3BA single-story home in the gated
enclave of Cypress Cove at The Shores. Light-filled floor plan with
high ceilings, updated kitchen and baths, no carpet, and 2022 roof.
Accordion shutters provide hurricane protection. Enjoy the private
lakefront backyard with new landscaping, fenced yard, screened
pool/spa, oversized lanai, outdoor kitchen, and fireplace.
Additional features include a 3-car garage and circular paver
driveway with ample parking. Cypress Cove residents enjoy private
tennis, pickleball, basketball, and a playground. Conveniently
located near top-rated schools, shopping, dining, golf, and
Jupiter's beaches.
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.
Appliances: Cooktop, Dryer, Dishwasher, Electric Cooktop, Electric Water Heater, Disposal, Microwave, Oven, Refrigerator, Water Heater, Wine Refrigerator, Washer
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