711 N Ocean Boulevard
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%.
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 |
|---|---|---|---|
| Apr 7, 2022 | No longer available | - | |
| No longer available | |||
| Nov 12, 2021 | Listed by Premier Estate Properties, Inc | $21,995,000 | |
| Listed by Premier Estate Properties, Inc | |||
| | |||
|
Zen-Chic Beach House is sited on lushly landscaped half acre with 110+/- feet directly on the oceanfront. Recently fully renovated with every amenity sure to please, its prime location is within walking distance along the ocean to local restaurants and shops. Awe-inspiring ocean views are offered from gracious main living areas, as well as four of the seven bedroom suites.The information herein is deemed reliable and subject to errors, omissions or changes without notice. The information has been derived from architectural plans or county records. Buyer should verify all measurements The manager has listed the unit size as 7174 square feet.
| |||
| Feb 17, 2021 | Sold | ||
| Sold | |||
| Mar 20, 2020 | Listed by Compass Florida LLC | $11,950,000 | |
| Listed by Compass Florida LLC | |||
| Feb 22, 1999 | Sold | ||
| Sold | |||
Property Highlights
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About Delray Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017