3310 Canal Drive
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 |
|---|---|---|---|
| Oct 1, 2022 | No longer available | - | |
| No longer available | |||
| Sep 3, 2022 | Price Decreased |
$740,000
↓ $49K
(6.2%) | |
| Price Decreased | |||
| Aug 24, 2022 | Listed by Berkshire Hathaway Florida Realty | $789,000 | |
| Listed by Berkshire Hathaway Florida Realty | |||
| | |||
|
Welcome to the highly coveted Chapel Hill neighborhood located just minutes from Delray & Boynton public beaches as well as downtown dining, shopping, and entertainment. This quaint abode sits on nearly a quarter of an acre with a newer roof and complete impact windows/doors installed in 2018. New refrigerator and 7KW Rheem air conditioner less than 1-year old. Also boasts a large screened patio, freeform pool with brick paver deck, and brick paver fire pit. Plenty of additional space for a boat, recreational vehicle, etc. Come and see. The manager has listed the unit size as 1322 square feet.
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| Jan 24, 2017 | Sold | ||
| Sold | |||
| Jan 14, 2014 | Sold | ||
| Sold | |||
Property Highlights
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About Chapel Hill
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017