214 Seacrest Lane
About This Property
downtown & less than 1.5 miles to the beach. Located in unincorporated area of Delray- So the possibilities are endless! Great investment! Currently used as a vacation home & short-term
rental. Furniture negotiable. Use as a second home, first home, annual rental or investment (11% ROI at Current Asking Price) Don't let this one slip by...
Priced to sell! NO financial are provided.
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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.
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 |
|---|---|---|---|
| Aug 11, 2023 | Sold | ||
| Sold | |||
| Mar 30, 2023 | Listed by RJM Real Estate Corp. | $985,000 | |
| Listed by RJM Real Estate Corp. | |||
| Sep 2, 2022 | No longer available | - | |
| No longer available | |||
| Jul 8, 2022 | Price Decreased |
$995,000
↓ $40K
(3.9%) | |
| Price Decreased | |||
| Jun 29, 2022 | Listed by Posh Properties | $1,035,000 | |
| Listed by Posh Properties | |||
| | |||
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North Delray is the most desired place to live in South Florida! Come home to your paradise... Upper East Side Location. Modern with sleek finishes. Both homes- (main house and detached in-law/ cottage) have been fully renovated. Each with it's own private yard & private entrance. *sq. footage is larger than tax records indicate. Live in paradise! Tropical foliage surrounds this fully fenced lot. A freeform pool and travertine deck. The Perfect Delray oasis- A3/4 mile from the beach & less than a mile to Atlantic Avenue. Experience amazing restaurants, shopping, bars and of course the beach!!! Property sold As-Is. The manager has listed the unit size as 1918 square feet.
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About Gulf Stream Estates
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$6,000 /mo
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$9,500 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017