31
Map
5223 Grande Palm Circle
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 |
|---|---|---|---|
| Nov 15, 2024 | Sold | ||
| Sold | |||
| Oct 24, 2024 | In contract | - | |
| In contract | |||
| Sep 25, 2024 | Price Decreased |
$399,999
↓ $10K
(2.4%) | |
| Price Decreased | |||
| Sep 14, 2024 | Price Decreased |
$410,000
↓ $15K
(3.5%) | |
| Price Decreased | |||
| Aug 26, 2024 | Listed by EXP Realty LLC | $425,000 | |
| Listed by EXP Realty LLC | |||
| | |||
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PRICED TO SELL! NEW ROOF! ALL AGES! Beautifully maintained 2-bedroom, 2-bathroom villa located in the desirable Palm Beach Bath & Tennis community in Delray Beach. This charming home features an open-concept living space with vaulted ceilings and abundant natural light, creating a welcoming atmosphere. The kitchen is well-appointed with modern appliances, ample cabinet space, and a breakfast bar, perfect for casual dining. The spacious master suite offers a walk-in closet and an en-suite bathroom. Enjoy outdoor living on the screened patio, ideal for relaxing or entertaining. The property includes a two-car garage, and the community offers amenities such as tennis courts and a pool. Conveniently located near shopping, dining, and the vibrant Atlantic Avenue.
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About Tropical Lakes
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$6,000 /mo
- 3 Beds
- 2 Baths
- 2,489 ft²
$10,000 /mo
- 3 Beds
- 3 Baths
- 3,293 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017