3140 Jasmine Drive
About This Property
Breakaway from your stress outside on the sun drenched patio and pool (13x30) or breathe easy under the shady loggia. Situated perfectly at the edge of a sparkling canal pairing compelling water views with easy water toy access from your brand new dock and seawall. Sunrise to sunset windows offers an easy transition from outdoor to indoor living. Comes complete with premium gas appliances for the indoor and outdoor kitchen, tankless water heater, and switch is ready for whole house generator. When work calls, you can esca to your private home office, which can also be converted to a bonus room. The master suite located on the ground floor boasts an oversized shower, double closets, and water views right from your bedside. The second level opens up for a perfect loft space and more fantastic water views. Three spacious bedrooms upstairs are all equipped with walk in closets and private bathrooms. Upper level also has two covered balconies.
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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 |
|---|---|---|---|
| Mar 29, 2021 | Sold | ||
| Sold | |||
| Oct 12, 2020 | Listed by Park View Realty | $2,950,000 | |
| Listed by Park View Realty | |||
| Dec 21, 2017 | Sold | ||
| Sold | |||
| Jul 29, 2017 | Listed | $1,095,000 | |
| Listed | |||
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Outstanding opportunity to live in an idyllically located deep water canal home in Delray Beaches coveted Tropic Isle neighborhood. The parcel features wide open bay views with south west backyard exposure and is located two lots off the boat bay and the Intra coastal in a no wake zone. This property is on a scenic, quiet, cul de sac, one quarter mile from the ocean. The home has been updated in a coastal contemporary style inside and out including newer kitchen with built in wine bar and extra storage, new bathrooms, and Terra Cotta tile floors. The exterior features a stunning blue tile pool surrounded by tropical gardens. Other upgrades include newer roof, AC, impact windows, 12,000 lb boat lift, updated electrical panel and Chicago brick driveway. The manager has listed the unit size as 2008 square feet.
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| Jul 6, 2017 | Listed by Park View Realty | $1,050,000 | |
| Listed by Park View Realty | |||
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About Tropic Isle North
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017