540 Anchor Point
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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 |
|---|---|---|---|
| Dec 9, 2020 | Sold | ||
| Sold | |||
| Sep 22, 2020 | Listed by Florida 360 Realty LLC | $700,000 | |
| Listed by Florida 360 Realty LLC | |||
| Oct 10, 2018 | Sold | ||
| Sold | |||
| Aug 17, 2018 | Listed by RE/MAX Services | $649,000 | |
| Listed by RE/MAX Services | |||
| | |||
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Stunning, updated waterfront home in Downtown Delray Beach just blocks to charming Pineapple Grove, the Arts District, Atlantic Ave, nightlife, and approximately 2 miles to the beach. This modern home has 5 bed 3.5 baths + a mud/yoga room, loft & office. The home has two master suites, one on the first floor and one upstairs. The downstairs master could easily serve as a movie room, game room or play room. The open concept kitchen has 42'' cabinetry with quartz counters & a waterfront view. The home has accordion hurricane shutters, as well as an impact slider downstairs and two impact windows in the living area. The majority of the downstairs has wood plank tile, brand new carpet on stairs/second master and 3 upstairs bedrooms, hickory wood in the loft and master bedroom. This home has a lot of natural light & modern charm. Delray Lakes is a gated community with sidewalks & tree lined streets. There is a community pool, tennis court & boat/ wave runner storage. The community has a boat ramp for easy access to Lake Ida. Photos of the pool are renderings of a potential pool.
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| May 15, 2018 | Sold | ||
| Sold | |||
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About Delray Lakes
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Florida 360 Realty LLC
Last Updated: 2 months ago
Data Source: Beaches MLS, MLS# F10250590
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017