18158 SE Fairview Circle
About This Property
North Passage is a beautiful community located in tranquil Tequesta, Florida and is nestled between the Loxahatchee River and Jonathan Dickinson State Park and because of this, it is not unlikely to see all sorts of wildlife frolicking throughout. The community, which sits along the Jupiter and Tequesta border, in Martin County, offers a wide variety of single-family and townhomes with lakefront, riverfront and golf course views. North Passage also offers a 24-hour, manned entry gate, as well as multiple amenities: a golf course (membership optional), tennis courts, clubhouse, exercise room, and a community pool and spa. North Passage is professionally managed by Harbor Management of South Florida, located in Jupiter.
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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 |
|---|---|---|---|
| Sep 14, 2020 | Sold | ||
| Sold | |||
| Jun 2, 2020 | Listed by Keller Williams Realty Jupiter | $420,000 | |
| Listed by Keller Williams Realty Jupiter | |||
| Oct 31, 2016 | Sold | ||
| Sold | |||
| Apr 1, 2016 | Listed by Compass Florida LLC | $279,000 | |
| Listed by Compass Florida LLC | |||
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Engle built 4 bedroom, 2.5 bath home in gated neighborhood! Freshly painted interior and ready for quick occupancy.
North Passage offers a community clubhouse, pool, fitness center and tennis!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017