636 Linnet Circle
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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 |
|---|---|---|---|
| Dec 14, 2022 | Sold | ||
| Sold | |||
| May 20, 2022 | Listed by Maria Vasile, P.A. | $599,900 | |
| Listed by Maria Vasile, P.A. | |||
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SINGLE STORY RANCH STYLE HOME SITUATED ON AN OVERSIZED LARGE LOT, RENOVATED KITCHEN AND BATHS TILE FLOORS WITH NEWER ROOF, AC WATER HEATER, THREE BEDROOM 2 BATH, POOL, TWO CAR GARAGE, SEPARATE LAUNDRY ROOM, AMAZING BACKYARD AND POOL PATIO AREAS, LOTS OF ROOM TO EXPAND. Home in Very Good Condition, Desirable East Delray Neighborhood of Tropic Palms. Privacy Fenced Yard. Neighborhood has NO HOA Fees, Rules, or Regulations. No Sign on Property. Great location close to Downtown Delray and the Beach,
TENANT OCCUPIED, SHOWN BY APPOINTMENT ONLY. 24 HR NOTICE REQUIRED. AGENTS PLEASE SEE BROKER REMARKS. THANK YOU
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| Aug 8, 2003 | Sold | ||
| Sold | |||
| Jun 24, 2002 | Sold | ||
| Sold | |||
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About Tropic Palms
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017