116 W Bay Cedar Circle
About This 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%.
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 8, 2025 | Sold | ||
| Sold | |||
| Mar 28, 2025 | In contract | - | |
| In contract | |||
| Mar 12, 2025 | Price Decreased |
$825,000
↓ $50K
(5.7%) | |
| Price Decreased | |||
| Feb 11, 2025 | Price Increased |
$875,000
↑ $50K
(6.1%) | |
| Price Increased | |||
| Sep 27, 2024 | Listed by Donohue Real Estate, LLC | $825,000 | |
| Listed by Donohue Real Estate, LLC | |||
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This beautiful home is located in the idyllic Botanica neighborhood. Incredible green space, oak lined streets, sidewalks and tranquil lakes create the perfect setting for a family. The Botanical Greenway Trail, 60 acres of natural scrub and wetlands intertwine through the community and even extends to the front yard of this home! The front door faces the lush green space including the gazebo where the community comes together for events. 4 bedrooms, 3 bathrooms includes a bedroom on the first floor with 2,550 Sq Ft of well-appointed space and generous sized bedrooms. The upstairs has hurricane impact glass and most windows throughout the house are outfitted with plantation shutters. The kitchen has an open layout and features new stainless-steel appliances and espresso colored cabinetry. The back patio is completely fenced, low maintenance with brick pavers and a retractable awning, perfect for al fresco evenings. Located a couple of blocks from Jupiter Medical, zoned for A-rated schools and accessible to dining & shopping, this community has it all!
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About Botanica
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Realty ONE Group Innovation
Last Updated: 3 months ago
Data Source: Beaches MLS, MLS# R10722682
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