3042 Cardinal Drive
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 9, 2021 | Sold | ||
| Sold | |||
| Sep 20, 2020 | Listed by Champagne & Parisi Real Estate | $649,000 | |
| Listed by Champagne & Parisi Real Estate | |||
| Dec 31, 2019 | Sold | ||
| Sold | |||
| Dec 21, 2019 | No longer available | - | |
| No longer available | |||
| Nov 3, 2019 | Listed by Engel & Volkers Delray Beach | $430,000 | |
| Listed by Engel & Volkers Delray Beach | |||
| | |||
|
This 3/3 rental home with pool and 2 car garage is perfect for an investor and /or 1031 Exchange. Excellent vacation or annual rental with three large bedrooms including two huge master suites, ample closet space and large bedrooms! Very spacious kitchen with slate counter tops and stainless steel appliances. Large tropical yard with a pool! This excellent east Delray Beach location offers easy access to award winning beaches and shopping and dining districts in downtown Delray Beach and Mizner Park. FAU and Lynn University students dream location! Upscale location with new Whole Foods coming in just blocks away. Must see this great investment property!
| |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Tropic Palms
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$7,500 /mo
- 2 Beds
- 1 Bath
- 1,203 ft²
$7,200 /mo
- 3 Beds
- 2 Baths
- 1,552 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017