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13222 Via Vesta
About This Property
unit (Note: Access to Florida Room is through 2nd bedroom, but unit can be modified to access Florida Room through hallway. Example photos available). Ceramic tile installed on diagonal in main living areas,
with upgraded Berber carpeting in bedrooms and Florida room. Newer French Door refrigerator. Recessed Hi-Hat lighting, warm earth-tone color palette. Walk-in closet
in Master suite. Cozy screened porch with sun shade. Replaced roof. Furnishings available. HOA dues include Lawn Care & Sprinklers, Comcast basic cable with HBO channels, community pools & recreation center. Delray Villas is a 55+ community with a clubhouse, pool & spa, tennis, exercise room & activities.
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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 |
|---|---|---|---|
| Nov 14, 2019 | Sold | ||
| Sold | |||
| Sep 30, 2019 | No longer available | - | |
| No longer available | |||
| Sep 13, 2019 | Price Decreased |
$225,000
↓ $5K
(2.1%) | |
| Price Decreased | |||
| Jul 22, 2019 | Listed | $229,900 | |
| Listed | |||
| | |||
|
Totally renovated home: No problems here: BRAND NEW ROOF, and completely new kitchen with beautiful new cabinetry and hardware, new stainless appliances, granite countertops, beautiful new front door, new wood floors, possible third bedroom, washer and dryer, and a one car garage with new garage door. The home is move in ready. It's located in Delray Villas Plat II, a wonderful 55 and over community, which offers a GREAT CLUBHOUSE WITH NEW FITNESS CENTER, POOL, SPA, BILLIARDS, TENNIS, AND SHOWS. It is very close to shopping, lots of restaurants, and Downtown Delray, which is always hopping with activity. Take a look; you'll fall in love. The manager has listed the unit size as 1416 square feet.
| |||
| Jun 14, 2019 | No longer available | - | |
| No longer available | |||
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About Delray Villas North
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RE/MAX Services
Last Updated: 10 months ago
Data Source: Beaches MLS, MLS# R10471823
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