5135 Sunrise Boulevard
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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 |
|---|---|---|---|
| Apr 10, 2024 | Sold | ||
| Sold | |||
| Jan 3, 2024 | Listed by William Raveis Palm Beach LLC | $325,000 | |
| Listed by William Raveis Palm Beach LLC | |||
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Investor's dream. Property has been totally gutted and ready for remodel. Lots of potential in this non HOA neighborhood located in central Delray Beach. Large lot (.23 acres) with lots of play space for children and dogs. Minutes to downtown Delray. Close to shopping, dining and I95.
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| Jul 1, 2022 | Sold | ||
| Sold | |||
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About Delray Garden Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017