6313 Timberlakes Way
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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.
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 17, 2022 | Sold | ||
| Sold | |||
| Mar 6, 2022 | Listed by Lang Realty | $480,000 | |
| Listed by Lang Realty | |||
| Feb 15, 2022 | Sold | ||
| Sold | |||
| Jan 12, 2022 | Listed by Lang Realty/Delray Beach | $409,000 | |
| Listed by Lang Realty/Delray Beach | |||
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Welcome to this spectacular WATERFRONT property. In a prime location, facing the middle of the lake. This 2 bdrm/2bth home has a grand open floor plan, high vaulted ceilings, clerestory windows, and natural light shining through. This is the original builder's model with custom additions including an idyllic 30' x 18' screened-in Florida room with wood-beamed cathedral ceilings and skylights. The glistening lake creates a magnificent backdrop throughout. With 75 feet of lakefront. A one-of-a-kind home, just waiting for your personal touch. Enjoy the benefits of a very pet-friendly 55+ community with a clubhouse, large pool & hot tub, gym, auditorium, and on-site management. Just minutes to downtown Delray Beach, boating on the Intracoastal, and the beach.
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| Dec 15, 2021 | No longer available | - | |
| No longer available | |||
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About Coco Wood Lakes
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017