5530 Royal Lake Circle
About This Property
Conveniently located near local shops and restaurants.
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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 |
|---|---|---|---|
| Jul 22, 2024 | Sold | ||
| Sold | |||
| Mar 29, 2024 | Listed by Real Estate Sales Force | $499,900 | |
| Listed by Real Estate Sales Force | |||
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Don't miss out on this beautiful completely upgraded and move-in ready villa in the Royal Landings section of Coral Lakes. Has bonus sunroom with vaulted ceilings and skylights which bring natural light all day. Vinyl wood floors throughout the entire house. Large walk-in closet in the master bedroom as well as a beautiful upgraded open kitchen with stainless steel appliances, ample counter space and plenty of storage. Brand new AC installed July 2023. Coral Lakes has a beautiful upgraded 72,000 sq./ft. clubhouse with indoor/outdoor pools, tennis/pickleball, fitness center, restaurant and more. Perfectly located close to Historic Downtown Delray, Boca Raton Mizner park and West Palm Beach city place.
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| Jun 29, 2021 | Sold | ||
| Sold | |||
| Apr 24, 2021 | Listed by Lang Realty/Delray Beach | $265,000 | |
| Listed by Lang Realty/Delray Beach | |||
| Sep 26, 1995 | Sold | ||
| Sold | |||
Property Highlights
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About Palm Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017