5098 Marla Drive
About This Property
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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 |
|---|---|---|---|
| Mar 17, 2020 | Sold | ||
| Sold | |||
| Jan 15, 2020 | Listed by RE/MAX Advantage Plus | $320,000 | |
| Listed by RE/MAX Advantage Plus | |||
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Beautiful Lakefront home in gated 55+ community of Hampton Lakes. Largest 3/2 model in Hampton Lakes, 2 Car Garage, spacious master suite with dual closets, dual sinks, a sitting area with water views, granite kitchen countertops, tile thru out the house, volume ceilings, double door entry into 3rd Bedroom/Den/Study/Office with a walk-in closet, accordion Hurricane Shutters, lakefront patio with both covered and open areas. Low HOA fees and only 10 minutes to downtown Delray Beach and Atlantic Avenue. Owner is willing to sell the house furnished as well.
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| Apr 28, 2015 | Sold | ||
| Sold | |||
| Jan 22, 2015 | Listed by P&S Group Inc. | $274,181 | |
| Listed by P&S Group Inc. | |||
| Jul 7, 2005 | Sold | ||
| Sold | |||
Property Highlights
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About Palm Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017