611 Davis Road
About This Property
It has a very large lot. The layout is great with 3 bedrooms, 2 baths, living room, dining/ kitchen and a laundry room.
It is a total makover waiting to happen....
Due to multiple offers. Highest and best offers due
By Thursday April 22 at 5:00 pm.
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Cap Rate Calculator
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 |
|---|---|---|---|
| May 23, 2023 | Sold | ||
| Sold | |||
| May 14, 2023 | No longer available | - | |
| No longer available | |||
| May 10, 2023 | In contract | - | |
| In contract | |||
| Apr 26, 2023 | Price Decreased |
$455,000
↓ $24K
(5%) | |
| Price Decreased | |||
| Apr 7, 2023 | Price Decreased |
$479,000
↓ $10K
(2%) | |
| Price Decreased | |||
Property Highlights
Building Info
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Listed On
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About Delray Shores
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$8,500 /mo
- 3 Beds
- 2 Baths
- 1,558 ft²
$6,000 /mo
- 2 Beds
- 2 Baths
- 1,741 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017