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9527 165th Place N
About This Property
The primary suite is a true retreat, boasting a large walk-in closet and picturesque vista views that offer a sense of tranquility and space. The guest bathroom has new shower tile and is thoughtfully designed with double vanities, making it ideal for accommodating visitors or a larger family. The outdoor spaces of this home are equally impressive. Two expansive covered porches at the back of the house offer a wonderful place to unwind and connect with nature. Step outside to your own private Florida paradise, complete with a gazebo and ambient lighting, creating a perfect setting for entertaining guests and enjoying the beautiful surroundings. In addition to the one-car garage equipped with extra storage cabinets, there is a spacious finished prefab office space with AC on the property. Most of the windows are impact-resistant, ensuring both safety and energy efficiency. Recent updates to the home include a new washer, dryer, and water heater (all installed in 2023). The front steps have been replaced, and the septic tank has been recently pumped and serviced, ensuring that the property is in excellent condition. Additional features include a portable generator and a safe that conveys with the property. Furniture is negotiable, offering flexibility to suit your needs. This home is conveniently located just a short drive from beautiful beaches, a variety of restaurants, shopping centers, and the Palm Beach International Airport. Taylors Farmhouse Restaurant is even within walking distance, adding to the charm of this incredible property.
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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 Jupiter Farms
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$8,500 /mo
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$6,200 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017