491 Normandy Lane #K
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 |
|---|---|---|---|
| Feb 16, 2024 | Sold | ||
| Sold | |||
| Nov 12, 2023 | Listed | $179,000 | |
| Listed | |||
| | |||
|
Exquisite 1st floor corner unit totally renovated in Delray Beach premier 55+ Kings Points community. New kitchen, baths, floors, LED lighting, paint, central AC unit, and water heater all with warrantee. Full size washer and dryer in your private in unit laundry room. Situated in vibrant Delray Beach you will enjoy the best of South Florida in this country club style community .
| |||
| Jul 28, 2023 | Sold | ||
| Sold | |||
| Jun 16, 2023 | Listed | $110,000 | |
| Listed | |||
| | |||
|
Incredible opportunity is knocking on your door do not let this one pass you by, this property is in kings point a gated community with 2/2 and tons of potential. Perfect opportunity to put your skills to work and make it your own home.
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| Apr 4, 2023 | No longer available | - | |
| No longer available | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/24/2023
|
2 Bed
|
2 Bath
|
907 ft²
|
$110,000
2 Bed
2 Bath
907 ft²
|
-
-
|
Rosa Hilda Vasquez
Casamerica Real Estate
| |
|
11/12/2023
|
2 Bed
|
2 Bath
|
907 ft²
|
$187,000
2 Bed
2 Bath
907 ft²
|
$183,000
-2.14%
02/16/2024
|
Moe Mossa
Savvy Avenue LLC
| |
|
08/04/2022
|
2 Bed
|
2 Bath
|
907 ft²
|
$110,000
2 Bed
2 Bath
907 ft²
|
-
-
|
Rosa Hilda Vasquez
Casamerica Real Estate
|
Building Info
About Kings Point
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017