38
Map
609 Heron Drive
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%.
How much can I actually make?
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 |
|---|---|---|---|
| Dec 13, 2024 | Sold | ||
| Sold | |||
| Nov 27, 2024 | In contract | - | |
| In contract | |||
| Sep 13, 2024 | Listed by Boca Expert Realty LLC | $750,000 | |
| Listed by Boca Expert Realty LLC | |||
| | |||
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Welcome to this picturesque and beautifully landscaped renovated 4-bedroom, 2-car garage home in the highly sought-after Tropic Palms neighborhood. Boasting impact windows and doors, 2022 roof, and 2024 A/C, this renovated one-story, split-floor plan home offers style and comfort. Enjoy wood floors throughout, a kitchen featuring stainless steel appliances, white wood cabinetry, and granite counters and backsplash. Step outside through French doors to a lovely patio area perfect for outdoor living in your private, fenced yard. No HOA! Located near the beach, downtown Delray and Boca, shopping, restaurants, and major highways. This charming, quiet and well-maintained community is a must-see! Priced to sell!
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| Nov 25, 2019 | Sold | ||
| Sold | |||
| Oct 16, 2019 | No longer available | - | |
| No longer available | |||
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About Tropic Palms
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$7,500 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017