8872 SE North Passage Way
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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 = 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 |
|---|---|---|---|
| Oct 3, 2024 | Sold | ||
| Sold | |||
| Apr 19, 2024 | Listed by Premier Properties of South Fl | $2,299,000 | |
| Listed by Premier Properties of South Fl | |||
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Experience waterfront living in this guard gated golf community with this impeccably renovated home located on the best street of North Passage, directly across from Jonathan Dickinson State Park. Deep water, ocean access, wide canal with seawall and minutes to the Jupiter Inlet. After fishing, grab your clubs and play 18 holes at the private Riverbend Country Club. The spacious layout of this home includes Master bedroom downstairs with adjacent office, secondary office/loft, along with 3.5 baths. Features a stunning entry w/ arched window, 20' ceilings & tumbled marble floors. Newly remodeled kitchen has white Quartzite countertops with waterfall edges, custom white cabinetry, and top-of-the-line stainless Bosch appliances. Master suite has his & hers baths, walk-in closet, & a separate room for a den, sitting area, or additional closet. Other features include a wood-burning fireplace, plantation shutters and impact sliding glass doors. Entertain effortlessly on the covered patio or the screened upstairs balcony overlooking the pool and spa, complete with a gas heater and AquaLink system for year-round enjoyment. Embrace the waterfront lifestyle with a new 58' composite dock featuring a charming gazebo and a 16,000 lb boat lift equipped with Swing Stopper storm straps. The solid CBS home construction is complemented by newer 2020 tile roof and gutters. Two large underground propane tanks power a full-house generator, gas stove, and pool heater. Additional highlights include a paver driveway, updated plumbing, and ample attic and under-stairs storage spaces. Furniture & center console boat are negotiable. 4th Bedroom Possible.
The community of North Passage offers 24-hour security, playground, clubhouse, fitness center, pool, tennis with pickleball-lined courts, basketball, and Riverbend Golf Course (membership required for Riverbend). Conveniently located to great restaurants, shopping, golf, marinas, pristine beaches, the Jupiter Inlet, Roger Dean Stadium, and very accessible to PBI Airport.
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| Aug 22, 2016 | Sold | ||
| Sold | |||
| Jun 17, 2016 | Listed by The Keyes Company - Stuart | $899,000 | |
| Listed by The Keyes Company - Stuart | |||
| Dec 16, 2014 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017