2905 Salerno Way
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 |
|---|---|---|---|
| Aug 2, 2024 | Sold | ||
| Sold | |||
| May 29, 2024 | Listed by Provident Realty of South Florida Inc. | $924,995 | |
| Listed by Provident Realty of South Florida Inc. | |||
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RARE GEM FULLY RENOVATED IN DELRAY BEACH Verona Woods is an exclusive community minutes from downtown Atlantic Avenue and the beach. Home has 2022 roof, partial impact windows, private backyard oasis with pool & large side yard, 2019 AC, 2022 water heater, smooth finish ceilings with recessed lighting throughout home, custom built in closets, open plan concept with WOW factor custom kitchen. Stainless steel appliances, zoned for Boca Raton middle & high schools. Seller has spared no expense during ownership. Brand new entrance scheduled for 2024 with assessment fully paid Amazing location with low HOA.
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| Aug 3, 2022 | Sold | ||
| Sold | |||
| Jul 8, 2022 | Listed by Compass Florida LLC | $700,000 | |
| Listed by Compass Florida LLC | |||
| Oct 28, 2021 | Sold | ||
| Sold | |||
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About Rabbit Hollowe
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017