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Amazing Opportunity to Buy in Jupiter’s Most Desired Neighborhoods Heights Of Jupiter

€ 327.500 SOLD
6111 Drake Street, ,
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Property Description

Amazing opportunity to BUY in one of Jupiter’s most desire neighborhoods with NO HOA. CBS Property has been fully updated, NEW kitchen cabinets, granite counter tops, and kitchen appliances, as well as NEW W/D included.  Both bathrooms updated, with new vanity & granite counter tops.

This home enjoys an open floor plan with split bedrooms, big windows for natural light, surrounding wooden deck for great outdoor entertainment & relaxation. Laminate flooring through entire house with tile in kitchen and bathrooms. The Heights is know for its friendly neighbors & community events.

Minutes away from FAU, Abacoa downtown, Roger Dean Stadium, Habourside Place, New Alton community, Max Planck, SCRIPPS and some of the best beaches in PBC, including a dog beach and park.

Great Investment Opportunity on this Single Family currently rented at $2,000 per month, For the CASH BUYER 5.88% passive cash-flow return on your investment.

The property is currently occupied by great tenants, property has recently been UPDATED included brand NEW Kitchen CABINETS and bathroom VANITIES with GRANITE COUNTER TOPS, NEW STAINLESS STEEL STOVE, MICROWAVE, NEW CEILING FANS IN EVERY ROOM with NEWS WASHER AND DRYER.

Minutes away from FAU, Abacoa downtown, Roger Dean Stadium, Habourside Place, New Alton community, Max Planck, SCRIPPS and some of the best beaches in Palm Beach County, including a dog beach and park, Jupiter Light House and Love Street.

For a LIMITED TIME, offering to PAY FOR 100% of the buyer’s CLOSING COST!!!

This property is only available to the buyer who acts NOW. Stop reading and SUBMIT YOUR OFFER TODAY!

Real Estate Agents, add your commission to the price!!!

Financing Available

Investment – Cash
Prior Rent | Market Rent: $2,000-$2,500
Monthly Income: $2,000
Monthly Expenses:
$488 [Tax & Insurance escrow]
Monthly Cash-Flow:
$1,512
Yearly Cash Flow:
$18,145
Annual Cash on Cash:
5.88%
Cap Rate:
5.88%

Investment – Financed 50%
Prior Rent | Market Rent: $2,000-$2,500
Monthly Income: $2,000
Monthly Expenses:
$1,673 [PITI]
Monthly Cash-Flow:
$327
Yearly Cash Flow:
$3,927
Annual Cash on Cash:
3.08%
Cap Rate:
5.88%

Current Lease
Term:
Annual
Lease Started:
02/01/2018
Lease Ends: 01/31/2019
Rent Status: Year Lease
HOA: No

Urban Equity Group, through our subsidiary Streamline Capital has partnered with some of the top lenders that provide a wide range of financial solutions to meet your Single-Family Rental investing needs. Connect with an Advisor to learn more.

Urban Equity Group, through our subsidiary Firm Property Management has partnered with some of the top contractors that provide a wide range of construction solutions to meet your Single-Family Rental investing needs. Connect with a Project Manager to learn more.

BUY NOW

Submit Full Price Offer
$327,500
  • High Desired Neighborhood
  • Lots of Equity
  • Cash-Flow @ $2,000 per month
  • Tenants in place
  • No HOA

MAKE OFFER

Make Offer Now
  • You Choose Offer Price
  • You Negotiate Your Own Price/Terms
  • Lots of Equity
  • Cash-Flow @ $2,000 per month
  • Long-Term Tenants
  • No HOA
Address: 6111 Drake Street
City:
State/County: ,
Zip: 33458
Country: United States
Open In Google Maps
Property Id : 4110
Price: € 327.500 SOLD
Property Size: 1 626,00 ft2
Property Lot Size: 2 046,00 ft2
Rooms: 5
Bedrooms: 3
Bathrooms: 2
Year Built: 1988
Garages: Yes
Garage Size: 2
Available From: April 1st
Basement: No
External Construction: CBS
Roofing: Asphalt Shingles
attic
gas heat
ocean view
wine cellar
basketball court
gym
pound
fireplace
lake view
pool
back yard
front yard
fenced yard
sprinklers
washer and dryer
deck
balcony
laundry
concierge
doorman
private space
storage
recreation
roof deck

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