525 High Point Drive #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 |
|---|---|---|---|
| Jul 26, 2023 | Sold | ||
| Sold | |||
| Jun 10, 2023 | Listed by Lang Realty/Delray Beach | $180,000 | |
| Listed by Lang Realty/Delray Beach | |||
| | |||
|
Lovely 1 bedroom, 1 1/2 bath villa in Section 2 of High Point. Open floor plan with tile throughout. This unit has been renovated and has several beautiful features throughout. Plantation shutters, french doors, enclosed patio, Updated kitchen and baths , crown molding. Laundry room is just outside the door. Great community with club house, pool , activities. Easy living in this lovely desirable community.
| |||
| Jul 2, 2019 | Sold | ||
| Sold | |||
| May 22, 2019 | Sold | ||
| Sold | |||
| Mar 22, 2019 | Listed by Robert Slack LLC | $105,000 | |
| Listed by Robert Slack LLC | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/10/2023
|
1 Bed
|
1 Bath
|
994 ft²
|
$180,000
1 Bed
1 Bath
994 ft²
|
$185,567
+3.09%
07/26/2023
|
Iris Cohen
Lang Realty/Delray Beach
| |
|
03/05/2023
|
1 Bed
|
1 Bath
|
994 ft²
|
$189,000
1 Bed
1 Bath
994 ft²
|
$185,000
-2.12%
08/28/2023
|
Suleika Ferreras
Partnership Realty Inc.
| |
|
01/25/2022
|
1 Bed
|
1 Bath
|
912 ft²
|
$135,000
1 Bed
1 Bath
912 ft²
|
$135,000
04/07/2022
|
Karen E Kleinrichert
RE/MAX Direct
| |
|
03/22/2019
|
1 Bed
|
1 Bath
|
970 ft²
|
$105,000
1 Bed
1 Bath
970 ft²
|
$100,000
-4.76%
07/02/2019
|
Joseph Sasso
Robert Slack LLC
| |
|
12/04/2016
|
2 Bed
|
2 Bath
|
1070 ft²
|
$84,900
2 Bed
2 Bath
1070 ft²
|
$72,000
-15.19%
06/19/2017
|
Marjie Goldman Spaderna
Coldwell Banker Realty
|
Building Info
About High Point of Delray Condominiums
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017