1022 Circle Drive #B
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 |
|---|---|---|---|
| Feb 25, 2022 | Sold | ||
| Sold | |||
| Jan 5, 2022 | Listed by Canvas Real Estate | $165,000 | |
| Listed by Canvas Real Estate | |||
| |||
|
DON'T MISS THIS OPPORTUNITY to own this cozy and beautiful unit 1 bed 1 & half bath in the heart of the desirable city of Delray Beach!!!. This gorgeous open-concept unit has a large living room, kitchen fully renovated, has surgical stainless steel countertops, real wood cabinets with a lot of storage, a beautiful wood floor, large windows with plantation shutters, and plenty of natural light everywhere. All cables and the electric box were renewed in 2015, Florida has A/C, the appliances, roof, and A/C only have 1 year. This is a 55+ friendly community in a secluded and safe neighborhood less than 3 miles from the beach, downtown Delray Beach, new market, Tri-Rail station, also a short distance to The Boys Market, Gramma's Bakery, Publix Supermarket, Aldi Grocery Stores, and more.
| |||
| May 29, 2020 | Sold | ||
| Sold | |||
| Mar 17, 2020 | Listed by Lang Realty/Delray Beach | $89,500 | |
| Listed by Lang Realty/Delray Beach | |||
| Jul 7, 2017 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/31/2023
| |
2 Bed
|
2 Bath
|
1295 ft²
|
$254,999
2 Bed
2 Bath
1295 ft²
|
$245,000
-3.92%
01/04/2024
|
Alexandra Wandzilak
Charles Rutenberg Realty - For
|
|
06/13/2022
|
2 Bed
|
2 Bath
|
1137 ft²
|
$145,000
2 Bed
2 Bath
1137 ft²
|
$169,000
+16.55%
07/25/2022
|
Shari Fields
Daniel Gale Sothebys Intl Rlty
| |
|
01/05/2022
|
1 Bed
|
1 Bath
|
912 ft²
|
$165,000
1 Bed
1 Bath
912 ft²
|
$165,000
02/25/2022
|
Marcos Duenas
Duenas Realty PA
| |
|
10/14/2021
|
1 Bed
|
2 Bath
|
912 ft²
|
$143,900
1 Bed
2 Bath
912 ft²
|
-
-
|
Barbara Uzzi-Patti
Highlight Realty Corp/LW
| |
|
03/17/2020
|
1 Bed
|
1 Bath
|
912 ft²
|
$89,500
1 Bed
1 Bath
912 ft²
|
$85,000
-5.03%
05/29/2020
|
Robert Hiering
South Florida Realty Group & Property Management LLC
| |
|
04/04/2018
|
1 Bed
|
1 Bath
|
970 ft²
|
$74,000
1 Bed
1 Bath
970 ft²
|
$74,000
05/25/2018
|
Rita C Keldani
Coldwell Banker Realty /Delray Beach
| |
|
06/05/2017
|
1 Bed
|
1 Bath
|
970 ft²
|
$59,900
1 Bed
1 Bath
970 ft²
|
$55,000
-8.18%
07/07/2017
|
Felipe Martinez
RE/MAX Services
|
Building Info
- 1 Unit for Sale
About High Point of Delray Condominiums
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017