1169 Tropical Drive
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 27, 2026 | Sold | ||
| Sold | |||
| Mar 3, 2026 | In contract | - | |
| In contract | |||
| Feb 4, 2026 | Listed by Echo Fine Properties | $2,599,000 | |
| Listed by Echo Fine Properties | |||
| Feb 27, 2023 | Sold | ||
| Sold | |||
| Jan 31, 2023 | Listed by Compass Florida LLC | $2,365,000 | |
| Listed by Compass Florida LLC | |||
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Stunning 6 bedroom 5 bath home in Mallory Creek exquisitely customized for the most discerning purchaser. Gourmet kitchen featuring 42'' wood shaker cabinets, Wolf induction oven, steam oven and microwave, Sub Zero refrigerator and wine cooler, quartz countertops with waterfall feature. The primary bath renovation offers a magnificent custom designed wet room, and a one of a kind walk in closet was added to the primary bedroom. Porcelain wood look flooring, extensive crown molding and baseboards run throughout the home. The original pool has been removed and a DVR Designed saltwater gas heated pool and travertine deck now grace the back yard entertaining area. Featuring a whirlpool spa, fire feature, sun deck, and Sonos Sound system. Separate entry fully equipped 1 bed 1 bath guesthouse.. No stone has been left unturned as every bathroom in the main house has been renovated to only the highest of standards. Plantations shutters throughout as well. Three HVAC systems were all replaced in 2020, 24 KW full house generator was installed in 2022, water heater 2020. Enjoy living in Mallory Creek at Abacoa. One of Jupiter's most highly sought after communities offering a clubhouse, fitness center, and 2 heated pools.
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About Abacoa
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017