3940 Back Bay 241 Drive #241
About This Property
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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.
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Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 30, 2026 | Sold | ||
| Sold | |||
| Mar 28, 2026 | Listed by Compass Florida LLC | $825,000 | |
| Listed by Compass Florida LLC | |||
| |||
|
Stunning expansive lakefront second-floor condo located in the desirable gated community West Bay of Jonathan's Landing. This beautifully renovated and meticulously maintained residence offers two bedrooms plus a versatile den that can easily serve as a third bedroom, along with two full baths, delivering refined comfort and style throughout. The home features an elegant open-concept living area with high cathedral ceilings, creating a bright and airy ambiance perfect for both relaxing and entertaining. The open-concept kitchen is filled with natural light and showcases breathtaking expansive lake views that surround West Bay, and has been beautifully remodeled by Celtic with high-end finishes. Thoughtfully updated throughout, the residence includes impact windows installed in 2020, new flooring (2020), updated lighting, and an A/C unit replaced in 2019. The screened porch has been glassed in to create additional square footage, with a raised floor that offers a perfect, relaxing space to take in the serene water views. Additional features include a one-car garage and a separate golf cart garage, providing both convenience and ample storage. This exceptional property is truly a move-in-ready retreat in one of the area's most sought-after communities.
| |||
| Jan 23, 2025 | Sold | ||
| Sold | |||
| Dec 18, 2024 | In contract | - | |
| In contract | |||
| Dec 13, 2024 | Listed by Compass Florida LLC | $865,000 | |
| Listed by Compass Florida LLC | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/28/2026
|
3 Bed
|
2 Bath
|
1839 ft²
|
$825,000
3 Bed
2 Bath
1839 ft²
|
$725,000
-12.12%
04/30/2026
|
Paul Thomas Stockall
Compass Florida LLC
| |
|
12/13/2024
|
3 Bed
|
2 Bath
|
1839 ft²
|
$865,000
3 Bed
2 Bath
1839 ft²
|
$835,000
-3.47%
01/23/2025
|
Paul Thomas Stockall
Compass Florida LLC
| |
|
01/09/2021
|
2 Bed
|
2 Bath
|
1478 ft²
|
$439,000
2 Bed
2 Bath
1478 ft²
|
$435,000
-0.91%
03/01/2021
|
Kathryn Maloney
Keller Williams Realty Jupiter
| |
|
03/02/2020
|
3 Bed
|
2 Bath
|
1724 ft²
|
$439,000
3 Bed
2 Bath
1724 ft²
|
$430,000
-2.05%
05/22/2020
|
Mark Meckly
Preferred Residential Prop
| |
|
06/15/2019
|
3 Bed
|
2 Bath
|
1839 ft²
|
$399,000
3 Bed
2 Bath
1839 ft²
|
$372,500
-6.64%
12/20/2019
|
Kathryn Guidi Maloney
LPT Realty, LLC
| |
|
11/12/2018
|
3 Bed
|
2 Bath
|
1839 ft²
|
$435,000
3 Bed
2 Bath
1839 ft²
|
$415,000
-4.60%
01/22/2019
|
Kathryn Maloney
Keller Williams Realty Jupiter
| |
|
10/24/2018
|
3 Bed
|
2 Bath
|
1839 ft²
|
$419,000
3 Bed
2 Bath
1839 ft²
|
-
-
|
-
| |
|
05/30/2018
|
2 Bed
|
2 Bath
|
1478 ft²
|
-
2 Bed
2 Bath
1478 ft²
|
-
-
|
-
| |
|
04/04/2017
| |
3 Bed
|
2 Bath
|
1839 ft²
|
-
3 Bed
2 Bath
1839 ft²
|
-
-
|
-
|
|
04/04/2017
|
3 Bed
|
2 Bath
|
1839 ft²
|
-
3 Bed
2 Bath
1839 ft²
|
-
-
|
-
| |
|
04/01/2017
|
3 Bed
|
2 Bath
|
1839 ft²
|
$485,000
3 Bed
2 Bath
1839 ft²
|
$475,000
-2.06%
08/22/2017
|
Kathryn Guidi Maloney
LPT Realty, LLC
| |
|
09/14/2015
|
2 Bed
|
2 Bath
|
1478 ft²
|
$400,000
2 Bed
2 Bath
1478 ft²
|
$395,000
-1.25%
09/14/2015
|
Claire E Wright
William Raveis Florida, LLC
| |
|
04/01/2015
|
2 Bed
|
2 Bath
|
1553 ft²
|
$359,900
2 Bed
2 Bath
1553 ft²
|
$336,500
-6.50%
04/15/2016
|
Michael D Cembura
Jonathan's Resales & Rentals
| |
|
11/06/2012
|
3 Bed
|
2 Bath
|
1839 ft²
|
$279,900
3 Bed
2 Bath
1839 ft²
|
$245,000
-12.47%
02/19/2013
|
Kimberly Clark Hoss
Illustrated Properties (Abacoa)
| |
|
10/23/2012
|
3 Bed
|
2 Bath
|
1839 ft²
|
$299,900
3 Bed
2 Bath
1839 ft²
|
$260,000
-13.30%
04/17/2013
|
Claire E Wright
William Raveis Florida, LLC
|
Building Info
About Jonathan's Landing
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$8,500 /mo
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- 1,170 ft²
$10,000 /mo
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- 3 Baths
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017