5230 Nesting Way #C
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 |
|---|---|---|---|
| Jun 30, 2025 | Sold | ||
| Sold | |||
| May 2, 2025 | In contract | - | |
| In contract | |||
| Apr 14, 2025 | Price Decreased |
$145,000
↓ $5K
(3.3%) | |
| Price Decreased | |||
| Feb 22, 2025 | Listed by Keller Williams Realty Boca Raton | $150,000 | |
| Listed by Keller Williams Realty Boca Raton | |||
| |||
|
Beautiful 1 Bedroom 2 Full Bath Villa in the 55+ community of High Point of Delray West in Delray Beach. No neighbors above you. Features include New Roof 2022, Tile flooring, Carpet in the bedroom, Washer & Dryer 2022 inside, A/C 2022, Tub & Stall Shower, new Dishwasher. Den/office area can be used as a quest bedroom. Lake and fountain view from the bedroom and patio. Parking spot is short distance to the entrance. Steps to the recently renovated Clubhouse with amenities that include: Complementary Wi/Fi, Kitchen with cooking facilities, Pool, Fitness Room, Shuffleboard, Tennis, Pickleball & Bocce. No need to drive there. Maintenance Fee includes Cable, Water, & Internet. Less than half a mile to The Boys Farmers Market. Short drive to the Beach, Delray Medical Center, Restaurants, trendy Atlantic Ave, Costco & I-95.
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| Oct 20, 2021 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/22/2025
|
1 Bed
|
2 Bath
|
1092 ft²
|
$150,000
1 Bed
2 Bath
1092 ft²
|
$140,000
-6.67%
06/30/2025
|
Caryn J Buchman
Coldwell Banker Realty /Delray Beach
| |
|
06/03/2024
|
1 Bed
|
2 Bath
|
1092 ft²
|
$210,000
1 Bed
2 Bath
1092 ft²
|
-
-
|
Michael Heller
KW Reserve Palm Beach
| |
|
08/07/2021
|
1 Bed
|
2 Bath
|
1092 ft²
|
$142,500
1 Bed
2 Bath
1092 ft²
|
$134,500
-5.61%
10/14/2021
|
Michele A Michaud
RE/MAX Direct
|
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