13953 Nesting Way #1
About This Property
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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 |
|---|---|---|---|
| Jul 19, 2024 | Sold | ||
| Sold | |||
| Jun 29, 2024 | In contract | - | |
| In contract | |||
| Jun 27, 2024 | Price Decreased |
$259,000
↓ $15K
(5.5%) | |
| Price Decreased | |||
| Jun 10, 2024 | Price Decreased |
$273,990
↓ $13K
(4.5%) | |
| Price Decreased | |||
| May 11, 2024 | Price Decreased |
$287,000
↓ $8K
(2.7%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/28/2024
|
2 Bed
|
2 Bath
|
1255 ft²
|
$259,000
2 Bed
2 Bath
1255 ft²
|
$259,000
07/19/2024
|
Sherrilyn Albin
Galleria International Realty
| |
|
03/28/2024
|
2 Bed
|
2 Bath
|
1255 ft²
|
$294,999
2 Bed
2 Bath
1255 ft²
|
$259,000
-12.20%
07/19/2024
|
Sherrilyn Albin
Galleria International Realty
| |
|
07/26/2023
|
2 Bed
|
2 Bath
|
1255 ft²
|
$235,000
2 Bed
2 Bath
1255 ft²
|
$235,000
09/19/2023
|
Donna Smith
Keller Williams Realty Boca Raton
| |
|
03/21/2017
|
2 Bed
|
2 Bath
|
1255 ft²
|
$125,000
2 Bed
2 Bath
1255 ft²
|
$120,000
-4.00%
06/16/2017
|
John W Neuman
RE/MAX Advantage Plus
|
Building Info
- 1 Unit for Sale
About High Point of Delray West Condominiums
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017