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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%.
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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 |
|---|---|---|---|
| Aug 28, 2025 | Sold | ||
| Sold | |||
| Jul 31, 2025 | In contract | - | |
| In contract | |||
| Jul 28, 2025 | Listed by Capital Homes Inc | $125,000 | |
| Listed by Capital Homes Inc | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/18/2025
|
2 Bed
|
2 Bath
|
1160 ft²
|
$229,000
2 Bed
2 Bath
1160 ft²
|
$205,000
-10.48%
01/29/2026
|
Daniel Jacob Kriger
EXP Realty LLC
| |
|
07/28/2025
|
2 Bed
|
2 Bath
|
1255 ft²
|
$125,000
2 Bed
2 Bath
1255 ft²
|
$125,000
08/28/2025
|
Robert Dobbs
Capital Homes Inc
| |
|
02/06/2021
|
2 Bed
|
2 Bath
|
1160 ft²
|
$124,500
2 Bed
2 Bath
1160 ft²
|
$123,000
-1.20%
03/09/2021
|
Robert Dobbs
Capital Homes Inc
| |
|
10/08/2020
|
1 Bed
|
2 Bath
|
1125 ft²
|
$101,990
1 Bed
2 Bath
1125 ft²
|
$101,990
12/14/2020
|
Robert Dobbs
Capital Homes Inc
|
Building Info
About High Point of Delray West Condominiums
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$7,700 /mo
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$10,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017