602 Eldorado Lane
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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 |
|---|---|---|---|
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Aug 8, 2018 | Sold | ||
| Sold | |||
| May 30, 2018 | Listed | $1,495,000 | |
| Listed | |||
| | |||
|
LIKE NEW CONSTRUCTION. Total renovation just finished! Large corner lot with tons of curb appeal. No detail or expense spared. Designer features and fixtures. Open concept floor plan with a modern feel. Just under 3300 sq ft of living space, 5 bedrooms, 3 1/2 baths, laundry room, 2 car garage, expansive kitchen with custom cabinets and Thermador appliance package. Huge master with large walk-in closet and custom designed bath. Impact windows and doors. Yard features designer landscaping and tropical oasis pool. Located just a few blocks from Delray's Atlantic Ave & the beach! Non HOA Lake Ida neighborhood features 3 parks, waterfront boat ramp, playground, picnic tables, walk/jog paths, home of the waterfront Delray Beach Playhouse. The in-The manager has listed the unit size as 3291 square feet.
| |||
| May 14, 2018 | Listed by The Corcoran Group | $1,495,000 | |
| Listed by The Corcoran Group | |||
| Oct 3, 2017 | Sold | ||
| Sold | |||
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About Lake Ida Shores
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017