3100 Lowson Boulevard
About This Property
The master bedroom is a serene retreat, w/ an ensuite spa-like bath & glass shower stall. Walk-in closet w/ a sitting area leading to the pool. Spacious 2nd & 3rd bedrooms provide ample storage.
The cabana guest bath w/designer vanity, exquisite tile and glass shower wet area . Unwind by the screened pool & patio, enjoying private garden views. Ceramic tile flooring adds elegance.
With its .42 acre lot, store a boat, RV, or expand the home. 2 car garage. No HOA! Close to beaches, golf and downtown Delray Beach
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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 18, 2023 | Sold | ||
| Sold | |||
| Jul 9, 2023 | Listed by RE/MAX Select Group | $775,000 | |
| Listed by RE/MAX Select Group | |||
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About Sherwood Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017