739 Mallard Drive
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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 |
|---|---|---|---|
| May 13, 2024 | Sold | ||
| Sold | |||
| Feb 27, 2024 | Listed by Sutter & Nugent LLC | $739,999 | |
| Listed by Sutter & Nugent LLC | |||
| | |||
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Welcome to your fully renovated oasis in the sought-after Tropic Palms community of East Delray Beach! This stunning single-family home offers the perfect blend of modern luxury and coastal charm, boasting brand new impact windows and doors throughout for both style and security. Step inside to discover a meticulously renovated interior featuring an open-concept layout, ideal for entertaining friends and family. The spacious living area is bathed in natural light, creating a warm and inviting ambiance. The gourmet kitchen is a chef's dream, showcasing top-of-the-line stainless steel appliances, quartz countertops, and custom cabinetry. Outside, the fenced-in backyard Enjoy sunny afternoons lounging on the patio or gardening in your private sanctuary.
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| Jul 13, 2023 | Sold | ||
| Sold | |||
| May 8, 2023 | Listed by Compass Florida LLC | $550,000 | |
| Listed by Compass Florida LLC | |||
| Apr 5, 1995 | 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