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3196 S Bay Circle
About This Property
Spanning over 4,000 sq. ft., the home features formal living and dining rooms, a spacious family room and vaulted ceilings. Residents enjoy top-tier amenities, including a full-service marina, three championship golf courses, fine dining, a stately clubhouse, and premier tennis and pickleball courts.
Perfectly located in the heart of Jupiter, with easy access to beaches, shopping and restaurants.
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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 |
|---|---|---|---|
| Aug 26, 2025 | Sold | ||
| Sold | |||
| May 17, 2025 | In contract | - | |
| In contract | |||
| Apr 22, 2025 | Listed by Preferred Residential Prop | $4,200,000 | |
| Listed by Preferred Residential Prop | |||
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About Jonathan's Landing
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017