106 Heather Lane
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%.
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 |
|---|---|---|---|
| Jan 23, 2025 | Sold | ||
| Sold | |||
| Jan 7, 2025 | In contract | - | |
| In contract | |||
| Oct 24, 2024 | Listed by The Corcoran Group | $1,225,000 | |
| Listed by The Corcoran Group | |||
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Welcome to 106 Heather Lane in Delray Beach, Florida--a 3-bedroom, 2.5-bathroom home brimming with unique character. Located just a mile from the beach and 1.5 miles from the vibrant Atlantic Avenue, this corner-lot property sits on just under a quarter acre. Inside, you'll find vaulted ceilings, rich wood accents, and a stunning stone fireplace that set this home apart. Rarely do homes with this much charm and personality become available in Delray Beach--don't miss the chance to experience it for yourself!
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About Bonniecrest
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017