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3434 Southern Cay Drive
About This Property
This home features a two-car garage and a golf cart garage for added convenience. The split floor plan includes a large master suite with stunning lake views and two guest suites, ensuring privacy and comfort for all.
Recent upgrades include a new roof installed in 2017, an AC condenser from 2020, and a hot water heater from 2021, offering modern comfort and reliability.
Located along the Intracoastal Waterway in Jupiter, Jonathan's Landing is a premier waterfront and country club community. This gated community offers various non-mandatory memberships and boasts an on-site marina, making it an ideal location for luxury living and recreation.
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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 |
|---|---|---|---|
| Oct 1, 2024 | Sold | ||
| Sold | |||
| Aug 1, 2024 | Listed by Compass Florida LLC | $2,150,000 | |
| Listed by Compass Florida LLC | |||
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About Jonathan's Landing
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017