523 Enfield Road
About This Property
This unit is hurricane-ready, outfitted with a full set of panel shutters.
Excellent Delray Beach location biking distance from Lake Ida Park (boating & fishing, plus bike trails & a well-equipped area for dogs), Atlantic Avenue and the beach. Within minutes to i95 and Palm Beach International Airport. Lake Ida is an exciting, family oriented neighborhood with so much character, scattered with custom homes. No HOA dues!
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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 |
|---|---|---|---|
| Aug 14, 2023 | Sold | ||
| Sold | |||
| Mar 21, 2023 | Listed by Realty Standard Inc | $1,495,000 | |
| Listed by Realty Standard Inc | |||
| Jun 24, 2021 | Sold | ||
| Sold | |||
| Dec 22, 2020 | Listed by Realty Standard Inc | $729,000 | |
| Listed by Realty Standard Inc | |||
| Jul 3, 2020 | No longer available | - | |
| No longer available | |||
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About Lake Ida Manor
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017