405 Monaco I #405
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 |
|---|---|---|---|
| May 24, 2022 | Sold | ||
| Sold | |||
| Apr 15, 2022 | Listed by United Realty Group, Inc | $155,000 | |
| Listed by United Realty Group, Inc | |||
| | |||
|
Rare Updated, First Floor, Waterfront, Corner 2 Bedroom Condo in Delray Beach! Sold fully furnished, just bring your toothbrush! Light and bright, with extra windows, impact sliders, tile floors, updated kitchen and baths, designer paint, beautiful relaxing water views from the covered screened patio. Kings Point offers a 24 hour manned gate and endless amenities including a clubhouse with entertainment, events, gym, basketball, sauna , tennis, swimming pools, golf course and so much more. All with no mandatory membership fees! Minutes to beaches, highway, shopping and downtown Delray Beach.
| |||
| Apr 30, 2021 | Sold | ||
| Sold | |||
| Mar 2, 2021 | Listed by United Realty Group, Inc | $124,500 | |
| Listed by United Realty Group, Inc | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/15/2022
|
2 Bed
|
2 Bath
|
907 ft²
|
$155,000
2 Bed
2 Bath
907 ft²
|
$162,000
+4.52%
05/24/2022
|
Michael Schiess
United Realty Group, Inc
| |
|
03/02/2021
|
2 Bed
|
2 Bath
|
1100 ft²
|
$124,500
2 Bed
2 Bath
1100 ft²
|
$124,500
04/30/2021
|
Robert H Layer
United Realty Group, Inc
| |
|
08/25/2020
|
Loft
|
2 Bath
|
927 ft²
|
$149,900
Loft
2 Bath
927 ft²
|
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Building Info
About Kings Point
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017