32
Map
7048 SE Delegate Street
About This Property
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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 |
|---|---|---|---|
| Feb 21, 2024 | Sold | ||
| Sold | |||
| Sep 5, 2023 | No longer available | - | |
| No longer available | |||
| Sep 4, 2023 | Listed by RE/MAX Properties | $185,000 | |
| Listed by RE/MAX Properties | |||
| | |||
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Charming 2 bedroom 2 bathroom tastefully furnished home in 55+ community Of Heritage Ridge South in Hobe Sound. Low HOA fees because you own the lot. ***New roof installed in June 2023.*** Fresh paint on exterior and interior throughout. Bonus rumpus room off the carport. Long screened patio on the eastside of the home gives a great breeze throughout the home. Washer and dryer in Utility Room with Shelving and utility closet. Hurricane shutters for all windows. Located next to the Heritage Ridge Golf Course with 18 holes and open to the public. Community has fabulous clubhouse facility with workout room, billiards room, pool and lots of activities for residents. Located blocks from the new Publix on US-1 and Osprey Lane.
| |||
| Aug 23, 2023 | Price Decreased |
$220,000
↓ $9K
(3.9%) | |
| Price Decreased | |||
| Aug 7, 2023 | Price Decreased |
$229,000
↓ $5K
(2.1%) | |
| Price Decreased | |||
Property Highlights
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About Hobe Sound
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017