5138 Lakefront Boulevard #D
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 6, 2021 | Sold | ||
| Sold | |||
| Jun 25, 2021 | No longer available | - | |
| No longer available | |||
| Jun 23, 2021 | Listed by Keller Williams Realty Services | $174,900 | |
| Listed by Keller Williams Realty Services | |||
| May 1, 2021 | Price Decreased |
$175,000
↓ $4K
(2.2%) | |
| Price Decreased | |||
| Mar 3, 2021 | Listed | $179,000 | |
| Listed | |||
| | |||
|
Enjoy the best of resort-style living in this lovely garden-view villa located in the desirable High Point of Delray West community. The streamlined and functional galley-style kitchen features custom cabinetry, granite counters, and seated bar for casual dining. Spacious open-concept living area features gleaming ceramic tile and plenty of natural light. Large owner's suite offers plenty of closet space and en suite bath. Light, bright sunroom provides a perfect spot for additional seating or for a home office or hobby room. Offered furnished or unfurnished. You'll love the amenities of High Point of Delray West, including lakeside pool, tennis and game courts, and clubhouse. Be close to all of the best that Delray Beach has to offer including world-class dining, shopping, and recreation. The manager has listed the unit size as 1186 square feet.
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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 |
|---|---|---|---|---|---|---|---|
|
03/03/2021
|
2 Bed
|
2 Bath
|
1186 ft²
|
$179,000
2 Bed
2 Bath
1186 ft²
|
-
-
|
-
| |
|
11/22/2019
|
1 Bed
|
1 Bath
|
1068 ft²
|
$76,000
1 Bed
1 Bath
1068 ft²
|
$65,000
-14.47%
01/14/2020
|
Domenica Wolfe
Premiere Realty LLC
|
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