5558 Forest Oaks Terrace
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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 9, 2021 | Sold | ||
| Sold | |||
| May 17, 2021 | Listed by The Corcoran Group | $360,000 | |
| Listed by The Corcoran Group | |||
| | |||
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MOTIVATED SELLER!!! Experience true Florida living in this beautifully updated home in highly desirable Boca Delray. Features include an open floor plan with plenty of natural light. Kitchen is appointed with granite countertop, marble backsplash and plenty of cabinet space. Bathrooms have been tastefully updated with new tile and walk-in showers. Master bathroom has double vanity/wood cabinetry and stall shower. Kitchen sliders lead to spacious screened in deck making for true indoor/outdoor living . Hurricane shutters thru-out entire home. This home is not to be missed!!! Cul-de-sac location making for a very tranquil view. This is one not to be missed A $2000 one time capital contribution to be paid by buyer at closing Boca Delray Country Club is a mangated communit
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| Mar 17, 2017 | Sold | ||
| Sold | |||
| Nov 8, 2016 | Listed by RE/MAX Advantage Plus | $300,000 | |
| Listed by RE/MAX Advantage Plus | |||
| Nov 5, 1997 | Sold | ||
| Sold | |||
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About Boca Delray
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017