5 SE Concourse #A
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.
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 |
|---|---|---|---|
| May 28, 2014 | Sold | ||
| Sold | |||
| Apr 7, 2014 | Listed by Illustrated Properties LLC (Jupiter) | $179,900 | |
| Listed by Illustrated Properties LLC (Jupiter) | |||
| | |||
|
3BR/2BA 1st floor unit offers privacy of a single family home, yet convenience of condo living. An open floor plan with split bedrooms and large spacious rooms. Beautifully furnished with everything you need. Floor to ceiling sliders inviting lots of light. Opening to screened lanai overlooking expansive, private green area. Newer washer/dryer, water heater, A/C, barrel tile roof. Assigned covered parking located right next to entry. A 24 hr. man gated comm. included a 5-star pool area with saunas. Golf cart ride to Tequesta and Turtle Creek Country club. Short distance to beaches, shops and restaurants. Only 10 minutes to turnpike and I95.
| |||
| Apr 3, 2014 | Sold | ||
| Sold | |||
| Jan 28, 2014 | Listed by Illustrated Properties LLC (Jupiter) | $159,900 | |
| Listed by Illustrated Properties LLC (Jupiter) | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/04/2024
|
2 Bed
|
2 Bath
|
1600 ft²
|
$449,000
2 Bed
2 Bath
1600 ft²
|
$429,000
-4.45%
08/30/2024
|
Susan Kippenberger
William Raveis South Florida
| |
|
03/17/2015
|
2 Bed
|
2 Bath
|
1400 ft²
|
$172,900
2 Bed
2 Bath
1400 ft²
|
$162,900
-5.78%
01/04/2016
|
Susan Kippenberger
William Raveis South Florida
| |
|
03/05/2015
|
3 Bed
|
2 Bath
|
1600 ft²
|
$189,900
3 Bed
2 Bath
1600 ft²
|
$182,500
-3.90%
07/24/2015
|
Susan Kippenberger
William Raveis South Florida
| |
|
01/28/2014
|
3 Bed
|
2 Bath
|
1600 ft²
|
$159,900
3 Bed
2 Bath
1600 ft²
|
$140,000
-12.45%
04/03/2014
|
Susan Kippenberger
William Raveis South Florida
|
Building Info
About Martin
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017