5051 Nesting Way #B
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 |
|---|---|---|---|
| Nov 24, 2021 | Sold | ||
| Sold | |||
| Sep 9, 2021 | Listed by Coldwell Banker | $159,999 | |
| Listed by Coldwell Banker | |||
| | |||
|
Rare California Model Villa with Builders Loft. Central Delray Beach. This property includes a spacious Living room with Cathedral ceilings, formal dining room, large eat in kitchen leading out to private fenced veranda. New Samsung Oven, New AC 2021. Large primary bedroom with private ensuite bath & huge walk in closet, lots of storage. Second Full Bath. True full set of stairs loft, could be used as a bedroom or den. Lots of light with southern exposure. Washer and dryer in Unit. Complex is 55+ community, which includes, pool, tennis courts and bocce ball. Great location close to the beach, I95 and all shopping. Furniture available. 2 years ownership then can lease for minimum 90 days. Living SQ FT 1,125 Open and spacious.
| |||
| Jan 4, 2020 | Sold | ||
| Sold | |||
| Nov 21, 2016 | Sold | ||
| Sold | |||
| Sep 14, 2016 | Listed by United Realty Group, Inc | $85,900 | |
| Listed by United Realty Group, Inc | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/09/2021
|
1 Bed
|
2 Bath
|
1125 ft²
|
$159,999
1 Bed
2 Bath
1125 ft²
|
$160,000
+0.00%
11/24/2021
|
Derek Troy West
Coldwell Banker
| |
|
04/03/2021
|
2 Bed
|
2 Bath
|
1255 ft²
|
$159,900
2 Bed
2 Bath
1255 ft²
|
$154,900
-3.13%
06/07/2021
|
Kathy Bowie
Coldwell Banker Realty
| |
|
09/14/2016
|
2 Bed
|
2 Bath
|
1125 ft²
|
$85,900
2 Bed
2 Bath
1125 ft²
|
$77,000
-10.36%
11/21/2016
|
Michael J Stromberg
United Realty Group, Inc
|
Building Info
About High Point of Delray West Condominiums
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017