5497 Viburnum Circle
About This Property
This unit has a great flow from the time you walk through the front door and are stunned by the large polished tile floor laid on a diagonal. As you enter you'll immediately notice an interior wall peek through opening that allows you to see through the spectacular kitchen past the large bar top counter to the open dining/living area. As you enter the living area you'll notice large sliders that lead to a huge screened in patio with garage access. The vaulted ceilings make this unit feel huge!!
If you're a fan of natural light you'll love the exposure this location offers. With the front facing North and the majority of the windows to the East, you'll get great natural morning light.
You'll also appreciate the proximity to the huge satellite pool that features plenty of spaced out seating, a covered awning area, shuffleboard and brand new pickleball courts. You're literally right next to it all so walking over only takes seconds.
The location of the community is ideal as well. Sitting on the North West corner of Military and Linton you are across from the Delray Medical Center, Walmart, Aldi, Poppies and a ton of other great shops and restaurants. All within walking distance not to mention. So what more can you ask for? Don't delay this will go fast!
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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 |
|---|---|---|---|
| Jan 22, 2021 | Sold | ||
| Sold | |||
| Dec 2, 2020 | Listed by RE/MAX Direct | $200,000 | |
| Listed by RE/MAX Direct | |||
| Jul 30, 2017 | Listed | $153,900 | |
| Listed | |||
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Lovely clean 55+ villa with sitting outdoor front porch. New window covers. New micro. Tile floors. Step down thru glass doors to Tiki Bar patio. Las Verdes- guard gated community in the heart of Delray Beach w clubhouse, activities, 3 pools w outdoor jacuzzis, tennis, Zumba, exercise rm library, crafts, billiards, basketball, handball, bacci, pickle ball, & shuffleboard. Central lake is lit up at night w fountain 1/2 mile walking trail w benches. Also is 1 mile sidewalk around drive circle. 10 minutes to the beach. All your needs are fulfilled within 1 mile. Cable w HBO incl in $199 monthly. Possible $1500 buyer capital investment coming from POA. No pets unless under Disability Act. Rent after 2 yearsThe manager has listed the unit size as 948 square feet.
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| Nov 10, 2004 | Sold | ||
| Sold | |||
Property Highlights
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About Kings Point
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017