14150 Altocedro Drive
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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.
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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 |
|---|---|---|---|
| Mar 5, 2024 | No longer available | - | |
| No longer available | |||
| Feb 16, 2024 | Listed by Realty ONE Group Innovation | $390,000 | |
| Listed by Realty ONE Group Innovation | |||
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This home sits on a larger corner lot and its West exposure allows a nice cross breeze throughout. This contemporary fully renovated open floor plan home boasts valuable updates throughout and a new Solar Panel, Storm Awnings, Screened Patio, & Cement Driveway. This great 55+ community offers community pools, clubhouse, tennis courts, exercise room, a low HOA fee (that includes cable and internet), allows pets and more; and it's conveniently located close to all shopping dining, banking etc.... Nearby Atlantic Avenue will take you directly to the I95 expressway, the Fl. Turnpike, the beach and to downtown Delray where the day & evening pedestrian shopping & dining experiences are ongoing. The manager has listed the unit size as 1358 square feet.
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| Jan 25, 2022 | Sold | ||
| Sold | |||
| Apr 12, 2021 | Listed by Destinations Realty | $273,000 | |
| Listed by Destinations Realty | |||
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SINGLE FAMILY HOME ON CORNER LOT * 55 + COMMUNITY * AMENITIES INCLUDE : COMMUNITY POOL * EXERCISE ROOM * CLUB HOUSE * TENNIS COURTS AND MORE
* NEW ROOF AND PAINT JOB 2018 * NO LEASE FOR THE FIRST 3 YEARS OF OWNERSHIP * ONE PET ONLY 20 LB OR LESS *
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| Mar 13, 2021 | No longer available | - | |
| No longer available | |||
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About Delray Villas South
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017