37
Map
1002 Normandy U
About This Property
You will love sitting on your balcony and enjoying this view. Newly painted, new kitchen cabinets, cove ceiling. New refrigerator, new Dishwasher, new washer/dryer, new hot water heater, new vanities. Tile in kitchen & dining room. New carpet in living room and bedrooms. Hurricane shutters. Resort style community with 3 multi-million dollar clubhouses (just renovated), indoor resistance pool, indoor lap pool, outdoor pools all heated. Tennis courts, 2 golf courses (executive and par 3). On site cafe and Bistro and beauty/barber shop. Arts/crafts, live entertainment weekly in our state-of- art theater. Classes and much more. Even courtesy bus to shopping daily. AND just 6 miles from ocean and historic downtown Delray Beach.
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Cap Rate Calculator
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%.
How much can I actually make?
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 |
|---|---|---|---|
| Dec 27, 2019 | Sold | ||
| Sold | |||
| Aug 9, 2019 | Listed by Signature International Real E | $89,000 | |
| Listed by Signature International Real E | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/09/2019
| |
2 Bed
|
2 Bath
|
907 ft²
|
$89,000
2 Bed
2 Bath
907 ft²
|
$85,000
-4.49%
12/27/2019
|
Bonnie Rochetti
Signature International RE
|
Building Info
About Kings Point
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017