5370 Casa Real Drive
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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 |
|---|---|---|---|
| Nov 22, 2024 | Sold | ||
| Sold | |||
| Sep 12, 2024 | Listed by Lang Realty/Delray Beach | $575,000 | |
| Listed by Lang Realty/Delray Beach | |||
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Fabulous opportunity awaits in Belaire. Brand New Roof in 2024! Original owner has lovingly cared for this 3/2 with 2 car garage in the prestigious all ages Bel Aire community. Freshly Painted and ready for a new owners touches. Front Door is hurricane impact. accordion shutters on other windows. Backyard Features screen enclosure with new screens, and screws. Main Living areas feature wood laminate floors. Max 2 pets no weight restrictions, After one year leasing is ok. Minimum 12 month leases. Bel Aire is a quiet peaceful gated community located in central Delray. Community has fabulous amenities including a heated community pool, gym, tennis courts and clubhouse. Low HOA fee includes landcsaping, gate, clubhuse, and Fusion Cable and WIFI.
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About Palm Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017