52
Map
5536 Grande Palm Circle
About This Property
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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%.
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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 6, 2024 | Sold | ||
| Sold | |||
| Nov 16, 2024 | In contract | - | |
| In contract | |||
| Aug 21, 2024 | Listed by Coldwell Banker Realty /Delray Beach | $525,000 | |
| Listed by Coldwell Banker Realty /Delray Beach | |||
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This beautifully maintained 3-bedroom, 2-bathroom home is located in the desirable Palm Beach Bath and Tennis community, right on a serene lake! The spacious open-concept living area features vaulted ceilings, tile flooring, and impact protection throughout. The well-appointed kitchen includes new Samsung stainless steel appliances, and the primary suite offers a walk-in closet and en-suite bath, ready for your personal touches. Enjoy stunning lake views from the private, screened-in patio. HOA dues cover cable, ADT security alarm monitoring, and landscaping. Community amenities include a clubhouse, pool, tennis courts, and fitness center. Minutes from Delray's beaches, dining, and shopping. Make this gem your own and start living the South Florida dream!
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| Aug 20, 2019 | No longer available | - | |
| No longer available | |||
| Jul 31, 2019 | Listed | $369,000 | |
| Listed | |||
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ABSOLUTELY INCREDIBLE AREA AND PERFECT SIZE HOME WITH TONS OF OPEN SPACE & CHARM! 3 BEDROOMS & 3 BATH HOME OFFERS OPEN FLOOR PLAN WITH GRANITE KITCHEN /FAMILY ROOM AREA OVERLOOKING THE WATER. SIT ON YOUR PATIO LOOKING AT THE CALMING WATER!! TILED FLOORING N VAULTED CEILING THROUGHOUT HURRICANE SHUTTERS. .SOMETHING FOR EVERYONE THIS GATED DEVELOPMENT BOAST WITH PRIDE. lOCATED IN THE HEART OF DELRAY WITHIN 5 MILES EITHER WAY VISIT DOWNTOWN DELRAY BEAUTIFUL RESTAURANTS & BEACH!! & DELRAY MARKETPLACE LOADED WITH RESTAURANTS, SHOPPING & MORE. The manager has listed the unit size as 1984 square feet.
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About Tropical Lakes
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017