18
Map
741 Monaco P #741
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 28, 2026 | Sold | ||
| Sold | |||
| Mar 16, 2026 | In contract | - | |
| In contract | |||
| Jan 20, 2026 | Listed by Apogee Team Realty, LLC | $79,900 | |
| Listed by Apogee Team Realty, LLC | |||
| Nov 6, 2025 | Price Decreased |
$89,000
↓ $10K
(10.1%) | |
| Price Decreased | |||
| Apr 17, 2025 | Listed | $99,000 | |
| Listed | |||
| | |||
|
*Renovated Condo**55 Plus GATED Community**Walking Distance to Clubhouse*--Welcome to Kings Point Delray! Immerse yourself in the wonderful 55 and over lifestyle!--This light and bright 2 bedroom and 2 bathroom condo features:-Renovated Kitchen-Renovated Bathrooms-White Shaker Cabinets-Black Granite Countertops-Stainless Steel Appliances-Tile in Common Areas-Laminate Flooring in Bedrooms-Recessed Lighting-Fans in all Rooms-Custom Window Treatments-And much more!--
| |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/20/2026
|
2 Bed
|
2 Bath
|
880 ft²
|
$79,900
2 Bed
2 Bath
880 ft²
|
$78,000
-2.38%
04/28/2026
|
Shirley K Bolis
Apogee Team Realty, LLC
| |
|
04/24/2024
|
2 Bed
|
2 Bath
|
880 ft²
|
$174,900
2 Bed
2 Bath
880 ft²
|
-
-
|
Michael Krammer
Century 21 Tenace Realty
| |
|
12/28/2013
| |
2 Bed
|
2 Bath
|
883 ft²
|
$37,900
2 Bed
2 Bath
883 ft²
|
$35,000
-7.65%
02/03/2014
|
Barry Fogel
Kings Point Signature Real Est
|
Building Info
About Kings Point
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017