12966 Hampton Lakes Circle
About This Property
This gated 55_+ community is only 10 minutes to downtown Delray Beach and Atlantic Avenues shops, restaurants, bars, nightlife and Delray's sandy beaches and tropical breezes. Low HOA fees provide a gated community with lawn care included, basic cable, security system monitoring and the Clubhouse offers a Swimming Pool, Spa, Exercise Room, Billiards, Ping Pong, Card Room, Library, Large General Purpose Room, Kitchen and bathrooms. Can be rented for parties, birthdays, anniversaries, etc. You can also enjoy the bocce ball courts and shuffle board. All of that for just $225/month is the best deal in town.
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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 |
|---|---|---|---|
| Aug 31, 2016 | Sold | ||
| Sold | |||
| Apr 26, 2016 | Listed by Nestler Poletto Sotheby's International Realty | $259,700 | |
| Listed by Nestler Poletto Sotheby's International Realty | |||
| Jan 9, 2014 | Sold | ||
| Sold | |||
| Sep 14, 2013 | Listed by Nestler Poletto Sotheby's International Realty | $204,900 | |
| Listed by Nestler Poletto Sotheby's International Realty | |||
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About Palm Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017