237 SW 3rd Avenue
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 |
|---|---|---|---|
| Mar 13, 2025 | Listed | $589,000 | |
| Listed | |||
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Welcome to this delightful bungalow, ideally located just 1 mile from the stunning white sandy beaches in a highly sought-after family neighborhood in Palm Beach County! This charming property offers a rare opportunity with no HOA, allowing you the flexibility to make it your own. With its historic character and timeless details, the home sits on a spacious lot surrounded by mature trees, creating a serene retreat just minutes from all the excitement Delray Beach has to offer.Located just 3 blocks from Swinton Ave and .4 miles from the vibrant new Sunday Village, this home is perfectly positioned in a rapidly growing area, with luxury homes being built nearby.
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| Dec 7, 2022 | Sold | ||
| Sold | |||
| Aug 15, 2022 | Listed by Florida's Best Realty Services | $399,000 | |
| Listed by Florida's Best Realty Services | |||
| Jun 2, 2021 | Sold | ||
| Sold | |||
| Apr 13, 2021 | Listed by Florida's Best Realty Services | $199,900 | |
| Listed by Florida's Best Realty Services | |||
Property Highlights
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About Delray Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017