5120 Nesting Way #A
About This Property
The manager has listed the unit size as 1255 square feet.
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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 |
|---|---|---|---|
| Jul 31, 2024 | Sold | ||
| Sold | |||
| Feb 2, 2024 | No longer available | - | |
| No longer available | |||
| Feb 2, 2024 | Listed | $239,900 | |
| Listed | |||
| | |||
|
Beautiful 2/2 villa home in High Point of Delray West. Active 55+ community with loads of amenities. This community features a clubhouse, gym, pool, shuffle board, bocce ball and tennis courts. Light and bright interior with vaulted ceilings in the living areas. Interior laundry room, vinyl wood look flooring, Impact windows. Roof installed in 2018 and the ac installed in 2022. Bonus room could be used as an office of sitting room if you wish. Great location that is close to everything including the ''humming'' downtown Atlantic Ave, local beaches and some of the finer restaurants & shopping in Delray Beach. This community is close to I-95 and between two International airports in West Palm Beach and Fort Lauderdale. Cable, internet and water are included in your maintenance fee. Cable, internet and water are included in the monthly HOA dues. Located just a short drive from downtown Delray Beach and Atlantic Ave, this home offers the best of both worlds - a peaceful community with easy access to the city's best restaurants, shops, and attractions. Book your tour today and experience the best of Florida living!
| |||
| Dec 5, 2023 | Price Decreased |
$250,000
↓ $5K
(2%) | |
| Price Decreased | |||
| Nov 11, 2023 | Price Decreased |
$255,000
↓ $5K
(1.9%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/10/2023
|
2 Bed
|
2 Bath
|
1255 ft²
|
$250,000
2 Bed
2 Bath
1255 ft²
|
-
-
|
Paul Jay Saperstein
EXP Realty LLC
| |
|
04/08/2021
|
2 Bed
|
2 Bath
|
1160 ft²
|
$185,000
2 Bed
2 Bath
1160 ft²
|
$182,000
-1.62%
06/08/2021
|
Jonathan Mark Phillips
Keller Williams Realty Services
| |
|
08/31/2016
|
2 Bed
|
2 Bath
|
1160 ft²
|
$108,000
2 Bed
2 Bath
1160 ft²
|
$102,000
-5.56%
10/18/2016
|
Rita C Keldani
Coldwell Banker Realty /Delray Beach
|
Building Info
About High Point of Delray West Condominiums
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