6
Map
516 Villa Circle #516
About This Property
3 bedroom 2 bath unit directly looking at the Lake. Low condo fees minutes from downtown Delray and to the Ocean.
New Hurricane windows and doors installed this year and New laminate flooring last year.
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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 |
|---|---|---|---|
| Aug 24, 2018 | Sold | ||
| Sold | |||
| Jun 13, 2018 | Listed by Highlight Realty Corp | $183,900 | |
| Listed by Highlight Realty Corp | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/19/2018
| |
3 Bed
|
2 Bath
|
1266 ft²
|
-
3 Bed
2 Bath
1266 ft²
|
-
-
|
-
|
|
06/13/2018
|
3 Bed
|
2 Bath
|
1266 ft²
|
$183,900
3 Bed
2 Bath
1266 ft²
|
$176,500
-4.02%
08/24/2018
|
Joseph Leone
Highlight Realty Corp/LW
|
Building Info
About Villa Del Sol Condominiums
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017