5051 Nesting B 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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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 | |||
| 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 | |||
| | |||
|
2/2 CALIFORNIA MODEL WITH LOFT AS 2ND BEDROOM. ACTIVE 55+ COMMUNITY WITH A LARGE CLUBHOUSE, POOL, TENNIS, & SHUFFLEBOARD COURTS. Across the street from shopping, banks and movie theatres. This unit has plenty of potential to add ones finishing touches. Open, Spacious, and Shows like a home. Tile located in all areas excluding master bedroom and loft which are carpeted. Walk in shower, make up area, large closets with lots of storage...Community is conveniently located to both the Florida turnpike and I-95; ESCAPE to a 10 minute car ride to downtown Delray Beach, where restaurant’s, shopping, night-life, and of course “The Water” awaits.
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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 |
|---|---|---|---|---|---|---|---|
|
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