5650 Aspen Ridge 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 |
|---|---|---|---|
| May 17, 2024 | Sold | ||
| Sold | |||
| Feb 27, 2024 | Listed by RE/MAX Direct | $659,000 | |
| Listed by RE/MAX Direct | |||
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This spacious 3-bedroom, 2.5-bathroom home is ideally situated in Delray Beach. Boasting 2,142 square feet, this residence showcases a NEW roof, 12-foot ceilings, an expansive open floor plan, and generously proportioned bedrooms. House is complete with hurricane shutters, granite counters, 2-car garage, newer AC, and water heater (2020), and an outdoor shower. The large covered back patio offers a view of the inviting tropical garden and high producing avocado tree. Its proximity to pristine beaches, a variety of dining options, the charming shops along Atlantic Avenue, The Boy's Farmer's Market, the newly established Fresh Market, Costco, FAU, and between I95 and the Turnpike make it a highly sought-after community. Aspen Ridge residents enjoy non-zero lot line living, no pet restrictions, and community amenities such as a pool, clubhouse, and tennis courts. Dues include Hotwire high speed internet and HD cable, home alarm system, and lawn care maintenance and grass fertilizer.
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| Jul 20, 2021 | Sold | ||
| Sold | |||
| Jun 3, 2021 | Listed by RE/MAX Direct | $475,000 | |
| Listed by RE/MAX Direct | |||
| Oct 7, 1999 | Sold | ||
| Sold | |||
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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