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3880 Shearwater Drive
About This Property
The updated master suite includes dual vanities and a luxurious walk-in shower, providing a peaceful retreat. Additional highlights include a 2015 roof, 2022 A/C unit-see more 2022 shutters, and a two-car garage for added convenience and peace of mind. All of this is located just minutes away from world-class beaches, shopping, dining, golf, and the best of Jupiter's coastal lifestyle. This exceptional home combines comfort, style, and modern upgradesan opportunity not to be missed in one of the area's most desirable communities.
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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 |
|---|---|---|---|
| Mar 3, 2026 | Sold | ||
| Sold | |||
| Feb 8, 2026 | In contract | - | |
| In contract | |||
| Nov 21, 2025 | Listed by Compass Florida LLC | $1,200,000 | |
| Listed by Compass Florida LLC | |||
| May 6, 2019 | Sold | ||
| Sold | |||
| Jan 2, 2019 | Listed by Compass Florida LLC | $499,000 | |
| 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