609 Seagate 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 |
|---|---|---|---|
| Sep 14, 2023 | Sold | ||
| Sold | |||
| Dec 24, 2021 | No longer available | - | |
| No longer available | |||
| Oct 11, 2021 | Listed by Premier Estate Properties, Inc | $6,995,000 | |
| Listed by Premier Estate Properties, Inc | |||
| | |||
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On a corner lot in the sought-after Seagate area of East Delray Beach, this custom estate, built in 2015, offers seamless indoor/outdoor living and entertaining. In the walled, tropically landscaped back yard, two covered loggias overlook the salt-water pool, spa and sundeck. Offering quintessential South Florida-style indoor/outdoor living, both loggias have automatic screens, and one is finished with a fireplace and summer kitchen with a gas grill and refrigerator. The information herein is deemed reliable and subject to errors, omissions or changes without notice. The information has been derived from architectural plans or county records. Buyer should verify all measurements. The manager has listed the unit size as 4873 square feet.
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| Jun 7, 2016 | Sold | ||
| Sold | |||
| May 1, 2016 | Sold | ||
| Sold | |||
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About Seagate
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017