5280 Nesting Way #A
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%.
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 |
|---|---|---|---|
| May 19, 2017 | Sold | ||
| Sold | |||
| Mar 25, 2017 | Listed by RE/MAX Advantage Plus | $89,900 | |
| Listed by RE/MAX Advantage Plus | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/25/2017
|
2 Bed
|
2 Bath
|
1186 ft²
|
$109,888
2 Bed
2 Bath
1186 ft²
|
$99,000
-9.91%
03/23/2018
|
Albert Wooster
ALBERT WOOSTER & COMPANY
| |
|
03/25/2017
|
2 Bed
|
2 Bath
|
1186 ft²
|
$89,900
2 Bed
2 Bath
1186 ft²
|
$77,000
-14.35%
05/19/2017
|
Bill Tison
RE/MAX Select Group
| |
|
12/14/2012
|
1 Bed
|
1 Bath
|
1092 ft²
|
$39,900
1 Bed
1 Bath
1092 ft²
|
$36,000
-9.77%
02/11/2013
|
David E Parker
Keller Williams Realty Boca Raton
|
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