397 Normandy I #397
About This Property
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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%.
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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.
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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 9, 2023 | Sold | ||
| Sold | |||
| Oct 28, 2022 | Listed by Ashley Realty S. Florida Prop. | $210,000 | |
| Listed by Ashley Realty S. Florida Prop. | |||
| | |||
|
Motivated Seller !!! Welcome to you renovated first floor corner unit in high coveted Delray Beach. This unit features a 4 season patio overlooking a tranquil grassy area with a pavilion within walking distance. You will love the serenity of no rear neighbors. This 2 bedroom / 2 Bathroom unit features chef’s kitchen with custom cabinets, porcelain title backsplash, quartz countertops with a waterfall edge and top of the line appliances. Both bathroom feature rain head showers and frameless glass enclosures with marble vanities. Washer/Dryer hook-up for a stackable. The 55+ Kings Point community features 2 Golf Courses, tennis, pickle ball, and a bus service to shopping and to the movie theater. Come check this unit out and make an offer, all considered. No Credit Check for ownership
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/28/2022
|
2 Bed
|
2 Bath
|
907 ft²
|
$210,000
2 Bed
2 Bath
907 ft²
|
$210,000
01/09/2023
|
Brian Brooker
Ashley Realty S. Florida Prop.
|
Building Info
About Kings Point
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017