25
Map
617 High Point Drive #A
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%.
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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.
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 |
|---|---|---|---|
| Apr 1, 2022 | Sold | ||
| Sold | |||
| Jan 11, 2022 | Listed by EXP Realty LLC | $195,000 | |
| Listed by EXP Realty LLC | |||
| |||
|
Enjoy every day in this light, bright villa located in desirable High Point of Delray Beach neighborhood. Fully updated with designer details, including upgraded fixtures and finishes throughout. Charming and convenient galley-style kitchen features custom cabinetry, granite countertops, and stainless steel appliances w/ seated bar for casual dining. Large owner's suite w/ charming en suite bath with Quartz vanity top and step-in shower with subway tile. You'll love the cheerful Florida room, offering a sheltered spot for add'l living, dining or entertaining space, along with an outdoor terrace. Enjoy the many amenities of High Point of Delray Beach, including pool, tennis and game courts and clubhouse. Be close to Delray's world-class dining, shopping and the beautiful Delray Beaches.
| |||
| Jul 17, 2019 | Sold | ||
| Sold | |||
| Apr 14, 2019 | Listed by Coldwell Banker Realty | $104,900 | |
| Listed by Coldwell Banker Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/11/2022
|
2 Bed
|
2 Bath
|
1137 ft²
|
$195,000
2 Bed
2 Bath
1137 ft²
|
$206,500
+5.90%
04/01/2022
|
Fiona Barone
EXP Realty LLC
| |
|
04/14/2019
|
2 Bed
|
2 Bath
|
1070 ft²
|
$104,900
2 Bed
2 Bath
1070 ft²
|
$102,000
-2.76%
07/17/2019
|
Brenda K Moore
Coldwell Banker Realty
| |
|
06/03/2017
|
2 Bed
|
2 Bath
|
1070 ft²
|
$154,000
2 Bed
2 Bath
1070 ft²
|
$150,000
-2.60%
01/02/2018
|
Laura B Azua
United Realty Group Inc
| |
|
10/13/2013
|
1 Bed
|
1 Bath
|
970 ft²
|
$30,000
1 Bed
1 Bath
970 ft²
|
$30,000
12/06/2013
|
Bill Tison
RE/MAX Select Group
|
Building Info
About High Point of Delray Condominiums
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017