7400 Serrano Terrace
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 |
|---|---|---|---|
| Dec 1, 2022 | No longer available | - | |
| No longer available | |||
| Aug 15, 2022 | No longer available | - | |
| No longer available | |||
| Aug 15, 2022 | Listed by Ashley Realty South Florida Properties LLC | $1,200,000 | |
| Listed by Ashley Realty South Florida Properties LLC | |||
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This Beauty Won't Last!! Completely Remodeled from top to bottom! You won't find another home finished like this! Everything is NEW! 5 Bed w/ 4 bath, Newly painted, new appliances, gorgeous crystal chandeliers, every closet has built ins.. Heated pool, Solar panels, Security cameras, generator hook up and 3 car garage. A must see.. Nothing else like this in Delray!! Only 45 homes in the community. Almost $200K in upgrades and renovations! Brand new furniture T.V's etc is negotiable as well. Move in with the clothes on your back with a fresh start! The manager has listed the unit size as 3420 square feet.
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| Jun 16, 2022 | Price Decreased |
$1,200,000
↓ $50K
(4%) | |
| Price Decreased | |||
| May 2, 2022 | Listed by Ashley Realty S. Florida Prop. | $1,250,000 | |
| Listed by Ashley Realty S. Florida Prop. | |||
| | |||
|
This Beauty Won't Last!! Completely Remodeled from top to bottom! You won't find another home finished like this! Everything is NEW! 5 Bed w/ 4 bath, Newly painted, new appliances, gorgeous crystal chandeliers, every closet has built ins.. Heated pool, Solar panels, Putting green, 3 car garage. A must see.. Nothing else like this in Delray!! Only 45 homes in the community. Almost $200K in upgrades and renovations! Brand new furniture T.V's etc is negotiable as well. Move in with the clothes on your back with a fresh start! Additional Photos are coming!
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Property Highlights
Building Info
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Price/ft²
Listed On
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About Bethesda
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Illustrated Properties LLC (Jupiter)
Last Updated: 3 months ago
Data Source: Beaches MLS, MLS# R10744195
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017