233 SE 4th Avenue
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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 |
|---|---|---|---|
| Feb 28, 2025 | Sold | ||
| Sold | |||
| Feb 11, 2025 | In contract | - | |
| In contract | |||
| Feb 6, 2025 | Listed by The Corcoran Group | $1,100,000 | |
| Listed by The Corcoran Group | |||
| | |||
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CASH ONLYTENANT OCCUPIEDFULLY FURNISHED/TURNKEYNO HOA3 BEDROOMS 2 BATHSPrime opportunity to purchase an investment property, single family home, or parcel just steps from all the best things Downtown Delray.Located in the quiet and quaint Osceola Park and just 3 blocks west of the Intracoastal, you'd be delighted to be so close to downtown and the beach then walking home to a calm neighbourhood. Close to the Ipic Movie Theatre, Delray Food Market and the soon to be open Sundy Village. Exceptional location!HIGH PERFORMANCE RENT ROLL - Currently leased as an AirBnB. TENANT OCCUPIED.
| |||
| Aug 21, 2019 | Sold | ||
| Sold | |||
| Jun 17, 2019 | Listed by Coldwell Banker | $449,000 | |
| Listed by Coldwell Banker | |||
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About Delray Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017