Quality permeates this Gorgeous Estate featuring a Versatile 3-way
split floorplan inclusive of Elegant Formal Living & Dining Rooms
plus a Family Room, Game Room & Bar, Gourmet Island Kitchen,
Butler's Pantry & 5 Spacious Bedrooms. 1st floor Master Bedroom has
2 walk-in closets & Beautiful Master Bath with a steam shower &
Jacuzzi tub. Also, downstairs are 2 large Guest Suites with
walk-ins plus a Jack & Jill Bath, Powder Room, laundry room,
oversized 3-car garage. Upstairs features 2 bedrooms, another Jack
& Jill Bath plus office. Stunning Outside Entertainment area
offering a heated, saltwater pool, Gazebo with Summer Kitchen, bar
& fire pit, all overlooking Tranquil Lake Views., New roof 2022,
Impact Window & Doors 2023, A+ Jupiter Schools! Surrounded
by the North Jupiter Flatwoods Natural Area, Cypress Cove is a
charming, gated community of just 79 homes, with gorgeous tree
lined streets and most homes backing either to preserve or serene
Lake Eileen. Neighborhood amenities include pickleball, tennis &
basketball courts plus a tot lot. Just minutes from Jupiter's
beaches, golf courses, parks, the Intracoastal Waterway, world
class shopping destinations and scrumptious restaurants. Cypress
Cove residents enjoy easy access to outdoor recreation, everyday
conveniences, commuter access, and top-rated schools. With nearby
parks and retail centers close at hand, Cypress Cove strikes the
perfect balance between privacy and accessibility in the middle of
prestigious Jupiter Florida.
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.
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