602 ALLEN Avenue
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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.
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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 |
|---|---|---|---|
| Nov 24, 2019 | No longer available | - | |
| No longer available | |||
| Mar 23, 2019 | Price Decreased |
$549,900
↓ $35K
(6%) | |
| Price Decreased | |||
| Nov 8, 2018 | Listed | $584,900 | |
| Listed | |||
| | |||
|
Adorable 1940s cottage in east Delray! This 3/2 old Florida charmer is situated on an oversize lot with fabulous curb appeal complete with white picket fence. The home's exterior has been completely restored and features hardy plank siding, brand new roof, hurricane impact glass, new nicely manicured landscaping, and newly installed 7 zone well sprinkler system. Great layout with open concept kitchen, split bedrooms, and 2 ensuite baths plus powder room. New wood-look tile throughout. Spacious master with en suite bath and large walk in closet with custom built-ins. Off the master there is an additional room, perfect for an office or sitting room. Located on a quiet street that dead ends to the intracoastal. Minutes to beaches, downtown Delray, I95, and endless shopping and dining option The manager has listed the unit size as 1495 square feet.
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| Jul 19, 2016 | Sold | ||
| Sold | |||
| Jul 25, 2012 | Sold | ||
| Sold | |||
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About Snow Hill
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017