342 Normandy H Lane #342
About This Property
The manager has listed the unit size as 907 square feet.
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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 4, 2023 | Sold | ||
| Sold | |||
| Apr 4, 2023 | Listed | $205,000 | |
| Listed | |||
   | |||
|
Very Motivated Seller!! Beautifully updated first floor, light and bright 2-bedroom condo with lovely tranquil garden and tennis views, in favored Normandy section. Corner unit with southern exposure for maximum light and breezes. Open floor plan. Kitchen and baths totally renovated. New lament floors and recessed lighting throughout. Enclosed screened patio. Washer/Dryer. Convenient parking. Great amenities including a renovated clubhouse. Indoor/outdoor pools, tennis, theater, golf, pickleball, social clubs, shuttle service to shopping centers. And so much more...Close to Downtown Delray.
| |||
| Jan 14, 2019 | No longer available | - | |
| No longer available | |||
| Dec 3, 2018 | Listed | $130,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/04/2023
|
2 Bed
|
2 Bath
|
907 ft²
|
$205,000
2 Bed
2 Bath
907 ft²
|
$190,000
-7.32%
10/04/2023
|
Peter Figgie
Coldwell Banker Realty /Delray Beach
| |
|
12/03/2018
|
2 Bed
|
2 Bath
|
907 ft²
|
$130,000
2 Bed
2 Bath
907 ft²
|
-
-
|
-
| |
|
03/20/2018
| |
2 Bed
|
2 Bath
|
907 ft²
|
$65,000
2 Bed
2 Bath
907 ft²
|
$65,150
+0.23%
04/24/2018
|
Donna M Aronson
Coldwell Banker
|
Building Info
About Kings Point
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017