365 Pelican 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 |
|---|---|---|---|
| Jan 31, 2020 | Sold | ||
| Sold | |||
| Aug 7, 2018 | Listed by One Sotheby's International Realty | $435,000 | |
| Listed by One Sotheby's International Realty | |||
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Located in desirable Pelican Harbor in the heart of East Delray. Enjoy resort style amenities in this gated community: heated pool, tennis courts, boat docks & club house. This 3/2.5 home with a 2 car garage is priced to sell & ready for your personal touch & TLC. Pelican Harbor Yacht Club is open to all residents for $75 annually. 13 Boat slips are available for rent & can accommodate up to 60ft. Pelican Harbor has ocean access with NO fixed bridges on the C15 canal off of the Intercoastal.
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| Dec 28, 1999 | Sold | ||
| Sold | |||
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About Pelican Harbor
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017