2403 Lowson Boulevard #B
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 |
|---|---|---|---|
| Aug 10, 2020 | Sold | ||
| Sold | |||
| Apr 16, 2020 | Listed by Signature Commercial Real Estate LLC | $149,000 | |
| Listed by Signature Commercial Real Estate LLC | |||
| | |||
|
Newly renovated ALL-AGES, ground floor Villa in Central Delray Beach, featuring 1 Grand bedroom, 1 and a half bathrooms, spectacular wide open Golf Course views. This unit has private washer & dryer on its screened-in patio. Open concept kitchen with new cabinetry, high hat lighting, granite counter-tops and new tiled back-splash. The 2 Bathrooms have new toilets, flooring, and vanities that have barely been lived in. Additionally, the closet has been customized to include additional attic storage space with pull-down ladder.
Renting and having 1 Pet under 20lbs. is allowed right away.
Custom furnishings can also be included in a Turn-key sale or removed if not to your taste.
Make an Offer! Seller is ready!
| |||
| Mar 1, 2019 | Sold | ||
| Sold | |||
| Jan 18, 2019 | Listed by William Raveis South Florida | $105,000 | |
| Listed by William Raveis South Florida | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/16/2020
|
1 Bed
|
1 Bath
|
821 ft²
|
$149,000
1 Bed
1 Bath
821 ft²
|
$146,000
-2.01%
08/10/2020
|
Ross M Stern
Signature Commercial Real Estate LLC
| |
|
01/18/2019
|
1 Bed
|
1 Bath
|
821 ft²
|
$105,000
1 Bed
1 Bath
821 ft²
|
$105,000
03/01/2019
|
Nancy Merritt
William Raveis South Florida
|
Building Info
About Delray Beach Golf Club
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017