3911 Back Bay Drive #123
About This Property
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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 |
|---|---|---|---|
| Apr 6, 2021 | Sold | ||
| Sold | |||
| Dec 16, 2020 | Listed by Keller Williams Realty Jupiter | $449,000 | |
| Listed by Keller Williams Realty Jupiter | |||
| Nov 2, 2020 | No longer available | - | |
| No longer available | |||
| Oct 1, 2020 | Price Decreased |
$449,000
↓ $10K
(2.2%) | |
| Price Decreased | |||
| May 2, 2020 | Listed | $459,000 | |
| Listed | |||
| | |||
|
Delightful condo offered TURN KEY with a transferable FOUR month lease for $26,000. 3BRs and 2BAs with pretty water views. Den (3rd BR) with hardwood floors and wine / beverage cooler. Updated kitchen and bathrooms, tile floors in living areas, including glass enclosed patio. Nest Thermostat and ''smart'' switch for exterior lighting. Well maintained throughout. Immaculate! Hurricane protection. A short walk to the outstanding community pool. Excellent small and large mouth bass fishing right outside the patio door! Water view also includes an array of wildlife including wading birds, ducks and otters. A great home to enjoy all that FL has to offer. 5 minutes to Jupiter Beach / Atlantic Ocean! Manned security gate with 24/7 patrols and state of the art security devices The manager has listed the unit size as 1654 square feet.
| |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/01/2024
|
3 Bed
|
2 Bath
|
1839 ft²
|
$789,000
3 Bed
2 Bath
1839 ft²
|
$630,000
-20.15%
05/01/2025
|
Susan Holt
Compass Florida LLC
| |
|
02/23/2024
|
3 Bed
|
2 Bath
|
1839 ft²
|
$799,999
3 Bed
2 Bath
1839 ft²
|
-
-
|
Leslie A Gesner
Village Realty Group LLC
| |
|
05/06/2021
|
3 Bed
|
2 Bath
|
1839 ft²
|
$470,000
3 Bed
2 Bath
1839 ft²
|
$450,000
-4.26%
06/30/2021
|
Kathryn Guidi Maloney
LPT Realty, LLC
| |
|
12/16/2020
|
3 Bed
|
2 Bath
|
1654 ft²
|
$449,000
3 Bed
2 Bath
1654 ft²
|
$404,000
-10.02%
04/06/2021
|
Kathryn Guidi Maloney
LPT Realty, LLC
| |
|
05/02/2020
|
3 Bed
|
2 Bath
|
1654 ft²
|
$459,000
3 Bed
2 Bath
1654 ft²
|
-
-
|
-
| |
|
06/03/2019
|
3 Bed
|
2 Bath
|
1724 ft²
|
$529,000
3 Bed
2 Bath
1724 ft²
|
$500,000
-5.48%
08/06/2019
|
Mark Meckly
Preferred Residential Prop
| |
|
11/11/2018
|
3 Bed
|
2 Bath
|
1839 ft²
|
$499,500
3 Bed
2 Bath
1839 ft²
|
$465,000
-6.91%
05/17/2019
|
Kathryn Guidi Maloney
LPT Realty, LLC
| |
|
11/03/2014
|
3 Bed
|
2 Bath
|
1839 ft²
|
$419,000
3 Bed
2 Bath
1839 ft²
|
$385,000
-8.11%
02/17/2015
|
Mark Meckly
Preferred Residential Prop
| |
|
11/25/2014
|
3 Bed
|
2 Bath
|
1724 ft²
|
$380,000
3 Bed
2 Bath
1724 ft²
|
$360,000
-5.26%
05/04/2015
|
Kathryn Guidi Maloney
LPT Realty, LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017