5598 Aspen Ridge Circle
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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 |
|---|---|---|---|
| Oct 25, 2023 | No longer available | - | |
| No longer available | |||
| Oct 18, 2023 | Listed by Champagne & Parisi Real Estate | $1,495,000 | |
| Listed by Champagne & Parisi Real Estate | |||
| | |||
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This incredible single-family home boasts a large, fully fenced backyard, underground sprinklers, 2019 SALTWATER HEATED POOL, hot tub, OUTSIDE SHOWER, firepit. Spacious 4 bedroom, 3 and 1/2 bathrooms, 2 story home with 2 car A/C garage overlooks magnificent canal views on a HUGE LOT. HIGH VAULTED CEILINGS and large HURRICANE WINDOWS. FIRST FLOOR PRIMARY BEDROOM, GOURMET KITCHEN, GUEST SUITE with private bathroom. NEW 5 ton A/C, 45kw GENERATOR, 2021 W/H. SALT WATER TREATMENT in the whole house. SECURITY SYSTEM. ONLY $360 monthly HOA fees include CABLE TV, INTERNET, Burglar Alarm, landscaping, grass fertilizer. ASPEN RIDGE is just minutes from Atlantic Ave nightlife, the beaches of downtown Delray, Boca Raton Town Center Mall, and I-95. Enjoy community tennis, gym, pool. The manager has listed the unit size as 2733 square feet.
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| Jan 21, 2015 | Sold | ||
| Sold | |||
| Aug 27, 2014 | Listed by Apogee Team Realty, LLC | $289,900 | |
| Listed by Apogee Team Realty, LLC | |||
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About Aspen Ridge
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$7,900 /mo
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$10,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017