159 Preston D #159
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 |
|---|---|---|---|
| Oct 31, 2024 | No longer available | - | |
| No longer available | |||
| Aug 22, 2024 | Listed | $149,000 | |
| Listed | |||
| | |||
|
This charming condo located at 159 Preston D in Boca Raton, FL. Gated active adult community. 2 bedroom & 1.5 bath, central air condition, very clean and private corner end condo in the 3rd floor near the elevator and laundry room. newly painted. very bright and nice breeze. safe community with walking and bike trail, free transportation to nearby shopping centers and area of interest. Huge community club with large fitness center and indoor and outdoor swimming pools. flexible financing by owner. will consider rent or rent to own
| |||
| Sep 24, 2015 | Sold | ||
| Sold | |||
| Jul 28, 2015 | Listed by Foundation Real Estate LLC | $59,900 | |
| Listed by Foundation Real Estate LLC | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/24/2023
|
2 Bed
|
1 Bath
|
835 ft²
|
$157,900
2 Bed
1 Bath
835 ft²
|
$140,000
-11.34%
08/09/2023
|
Bob Solomon
Century Village Real Estate,
| |
|
07/28/2015
|
2 Bed
|
1 Bath
|
835 ft²
|
$59,900
2 Bed
1 Bath
835 ft²
|
$57,500
-4.01%
09/24/2015
|
David Koch
Foundation Real Estate LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017