22
Map
2400 Malayan Drive #94C
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%.
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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 |
|---|---|---|---|
| Nov 20, 2019 | Sold | ||
| Sold | |||
| Oct 15, 2019 | Listed by RE/MAX Direct | $124,900 | |
| Listed by RE/MAX Direct | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/18/2022
|
2 Bed
|
2 Bath
|
1167 ft²
|
$200,000
2 Bed
2 Bath
1167 ft²
|
$200,000
04/21/2022
|
Robert S MacKinnon
EXP Realty LLC
| |
|
10/15/2019
|
2 Bed
|
2 Bath
|
982 ft²
|
$124,900
2 Bed
2 Bath
982 ft²
|
$122,450
-1.96%
11/20/2019
|
Mark Rucco
Re/Max Direct
| |
|
07/31/2014
|
2 Bed
|
1 Bath
|
982 ft²
|
$65,000
2 Bed
1 Bath
982 ft²
|
$55,000
-15.38%
09/05/2014
|
Michele Bellisari
RE/MAX Services
|
Building Info
- 1 Unit for Sale
About Pines of Delray West
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017