3881 Passion Vine Drive
About This Property
River Hall masterplan in Alva, FL. This gated community is designed to cater to active lifestyles, featuring an array of amenities including a fitness center, resort-style pool and tennis, pickle ball and bocce ball courts. This single-story home features a split floorplan that divides the comfortable bedrooms with an open layout among the dining room, kitchen and family room. An attached lanai offers indoor-outdoor hosting opportunities, while the nearby owner's suite showcase an oversized walk-in closet and a spa-style bathroom. Rounding out the home is a convenient two-car garage. Prices, dimensions and features may vary and are subject to change. Photos are for illustrative purposes only.
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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%.
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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.
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 11, 2026 | In contract | - | |
| In contract | |||
| Feb 23, 2026 | Listed by Lennar Realty Inc | $329,097 | |
| Listed by Lennar Realty Inc | |||
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About Harris
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017