13877 Willow Cay Drive
About This Property
Custom brand his and her closets in master bedroom. New Nest thermostats and Ring Doorbell.
This home faces the preserve area (so there is no house opposite it), and it is located in the middle of the community a good distance away from the Donald Ross bridge. The house is filled with sunlight as it faces east and west and it is a Carrington which is by far the most popular model in the community. With no fixed bridge access to the Jupiter or Palm Beach Inlet, Frenchman's Harbor is a great place for a boater to call home.
Frenchman's Harbor is a guard-gated waterfront community just off the Intracoastal waterway that was built by Toll Brothers in 2013. It is one of the most beautiful communities in North Palm Beach and a very private enclave of just 48 single family homes & 30 carriage homes that is surrounded by preserve on one side and bordered by the Intracoastal waterway on the other side. It is a great location being only a few minutes' drive from the Juno Beach pier and all the shopping, entertainment and cultural venues Jupiter, Palm Beach Gardens and North Palm Beach have to offer. The community is also just a short drive to the Palm Beach International airport. All of the homes have their own private pool but there is also a community pool, community park and nice walking paths. The HOA fees are less than $1,000 per month.
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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.
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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 |
|---|---|---|---|
| Dec 10, 2020 | Sold | ||
| Sold | |||
| Nov 4, 2020 | Listed by Sotheby's Intl. Realty, Inc. | $3,000,000 | |
| Listed by Sotheby's Intl. Realty, Inc. | |||
| Aug 22, 2020 | No longer available | - | |
| No longer available | |||
| Nov 12, 2019 | Listed | $2,897,000 | |
| Listed | |||
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Gorgeous bright deep water waterfront home in private, gated enclave located just off Intracoastal with no fixed bridge ocean access. Master bedroom on 1st floor with panoramic views of channel & community park. Spacious 5 Bedroom, 5.5 Bath with office & Private Dock for up to 65 foot boat (10''); $500,000+ in upgrades inc: $50,000 Upgraded Pool, Top Shelf Appliances (Wolf, Twin Eagle, Sub Zero, LG); $50,000+ landscaping upgrade; Flooring (Creme De Marfil Select), Upgraded Wood Floors & top quality carpeting); Marble Pavers; Upgraded Garage & Expanded Kitchen; Bose Invisible Home Theater in family room & Bose invisible audio systems in great room, master bedroom & outdoor Lanai; Video Surveillance; Icynene Insulation; Tongue & Groove Expanded Lanai; Coffered Ceilings; Custom Mirrors The manager has listed the unit size as 4517 square feet.
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| Aug 22, 2019 | No longer available | - | |
| No longer available | |||
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About Palm Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017