8208 SE Red Root Way
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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 |
|---|---|---|---|
| Jun 19, 2025 | Listed | $4,399,000 | |
| Listed | |||
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NESTLED IN THE HIGHLY SOUGHT-AFTER GATED COMMUNITY OF 'PRADO' IN JUPITER. THIS AMAZING TWO STORY DESIGNER INSPIRED ESTATE HOME HAS 6 BEDROOMS PLUS DEN, 5.1 BATHS AND ATTACHED 3 CAR GARAGE. OFFERS THE PERFECT BLEND OF REFINED ELEGANCE AND RELAXED FLORIDA LIVING. OVER 5,200 SF OF LIVING SPACE. THE HOME FEATURES SOARING /VOLUME CEILINGS, ABUNDANT NATURAL LIGHT AND SEAMLESS FLOW THROUGHOUT. THE GOURMET KITCHEN WILL IMPRESS WITH TOP-OF-THE-LINE APPLIANCES, OVERSIZED ISLAND WITH SEATING, WALK-IN PANTRY. OPEN CONCEPT DESIGN THAT FLOWS EFFORTLESSLY INTO THE SPACIOUS FAMILY ROOM - IDEAL FOR ENTERTAINING. UPSTAIRS, PRIMARY MASTER SUITE WITH DUAL WALK-IN CLOSETS, BATH RETREAT WITH SEPARATE TUB/SHOWER AREA. BONUS ROOM (23 X 16). WHAT SETS THIS HOME APART IS THE RESORT-STYLE BACKYARD, METICULOUSLY LANDSCAPED, ALMOST ACRE LOT, CUSTOM HEATED INGROUND POOL AND GENEROUSLY SIZED LANAI/PATIO AREA. OFFERING PRIVACY AND TRANQUILITY WITH ROOM TO RELAX, DINE, OR ENTERTAIN YEAR-ROUND. COME SEE THIS BEAUTIFULLY DESIGNED HOME WITH ITS PERFECT LAYOUT, ARCHITECTURAL DETAILS AND THOUGHTFULLY UPGRADED FINISHES TODAY.
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| Apr 25, 2024 | Sold | ||
| Sold | |||
| Jun 7, 2023 | Listed by Compass Florida LLC | $4,350,000 | |
| Listed by Compass Florida LLC | |||
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In the heart of Jupiter you will find this spectacular 6 bedroom tranquil estate built in 2015 in the sought after friendly neighborhood of Prado. Set on almost one acre with a 50ft pool, this home has been transformed by the current owner adding many new upgrades including a brand new custom kitchen and pantry, updated bathrooms, beautiful custom built-ins, reconfigured and new custom his and her closets, all new front to back landscape/irrigation, all new outdoor landscape lighting, expanded pool deck, whole home generator and water filtration system, and the list goes on. Live the amazing Jupiter lifestyle with access to the Bahama blue Atlantic Ocean, boating on the intracoastal, golf, tennis, shopping, restaurants, state parks, and much more.
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| Jan 21, 2022 | Sold | ||
| Sold | |||
| Aug 25, 2021 | Listed by Water Pointe Realty Group | $2,500,000 | |
| Listed by Water Pointe Realty Group | |||
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About Martin
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017