8113 SE Red Root Way
About This Property
Garage. Open floor plan features gourmet kitchen with large island. Master suite, additional guest bedroom and office all on the main living level. Luxe details and finishes throughout. Sound system, custom mouldings, beautiful flooring throughout. Very private, on over 1/2 an acre and adjacent to the preserve in highly sought after
Prado. Close to golf, beaches, boating, shopping, dining and more. Bike/jog path on Island Way with Jupiter Flatwoods Park. Beautiful home on large parcel in quiet neighborhood yet close to I-95 and all that Jupiter has to offer.
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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.
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About Martin
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017