5140 Nesting Way #D
About This Property
This unit has a private fenced in entry courtyard, screened porch, and is super close to the lakeside Clubhouse that has a beautiful pool and tennis courts, outdoor grilling area and
social room. The roof was recently replaced, there are accordion shutters on all windows, and tile throughout the home. The association takes care of all the outside landscaping
maintenance and building exterior (which includes insurance). It is freshly painted and will be move-in ready, with a brand-new a/c system.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 22, 2022 | Sold | ||
| Sold | |||
| Nov 15, 2022 | Listed by Brown Harris Stevens of PB | $215,000 | |
| Listed by Brown Harris Stevens of PB | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/08/2024
|
1 Bed
|
2 Bath
|
1005 ft²
|
$172,000
1 Bed
2 Bath
1005 ft²
|
$165,000
-4.07%
05/31/2024
|
Camila Murata
Luxury Real Estate Group LLC
| |
|
11/15/2022
|
2 Bed
|
2 Bath
|
1255 ft²
|
$215,000
2 Bed
2 Bath
1255 ft²
|
$205,000
-4.65%
12/22/2022
|
Richard Eric Berman
Brown Harris Stevens of PB
| |
|
11/12/2019
|
2 Bed
|
2 Bath
|
1255 ft²
|
$150,000
2 Bed
2 Bath
1255 ft²
|
$145,000
-3.33%
06/07/2021
|
Rita C Keldani
Coldwell Banker Realty /Delray Beach
|
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