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1740 Park Tree Place
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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 |
|---|---|---|---|
| Jul 10, 2024 | Sold | ||
| Sold | |||
| Apr 2, 2024 | Listed by Compass Florida LLC | $895,000 | |
| Listed by Compass Florida LLC | |||
| | |||
|
Welcome to your renovated oasis in the heart of Delray Beach's sought-after Sabal Lakes neighborhood! This charming single-level pool home offers 3 bedrooms, 2 bathrooms, an inviting open-concept kitchen with an island, all-new appliances, and sleek modern finishes. Upgrades include NEW IMPACT GLASS windows and doors, NEW flooring throughout, NEW interior doors and trim, NEW kitchen and baths, NEW pool stucco and tile, NEW landscaping, NEW paint inside and out, plus NEW walk-in primary closet with built-in shelving and drawers. The home is crowned by a 2012 roof and 2022 A/C, ensuring years of worry-free living. Nestled within a super charming community with tree-lined streets, parks, and community pools. Don't miss the opportunity to make this meticulously updated home yours - schedule your showing today and experience the best of Delray Beach living!
DISCLAIMER: Information published or otherwise provided by the listing company and its representatives including but not limited to prices, measurements, square footages, lot sizes, calculations, statistics, and videos are deemed reliable but are not guaranteed and are subject to errors, omissions or changes without notice. All such information should be independently verified by any prospective purchaser or seller. Parties should perform their own due diligence to verify such information prior to a sale or listing. Listing company expressly disclaims any warranty or representation regarding such information. LA is related to Seller.
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| Feb 22, 2024 | Sold | ||
| Sold | |||
| Jan 31, 2024 | Listed by The Corcoran Group | $625,000 | |
| Listed by The Corcoran Group | |||
| Jul 5, 2000 | Sold | ||
| Sold | |||
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About Sabal Lakes
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017