37
Map
557 High Point Drive #C
About This Property
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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%.
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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 |
|---|---|---|---|
| Feb 27, 2026 | Sold | ||
| Sold | |||
| Jan 31, 2026 | In contract | - | |
| In contract | |||
| Oct 20, 2025 | Listed by Coldwell Banker Realty /Delray Beach | $225,000 | |
| Listed by Coldwell Banker Realty /Delray Beach | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/20/2025
|
1 Bed
|
1 Bath
|
994 ft²
|
$225,000
1 Bed
1 Bath
994 ft²
|
$205,000
-8.89%
02/27/2026
|
Gail E Kirby
Coldwell Banker Realty /Delray Beach
| |
|
10/17/2013
|
2 Bed
|
2 Bath
|
1070 ft²
|
$69,900
2 Bed
2 Bath
1070 ft²
|
$65,000
-7.01%
05/06/2014
|
shelly Power
Triple Crown Properties
|
Building Info
About High Point of Delray Condominiums
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017