907 Hibiscus Ln
About This Property
Innovative features function with ease in this well-thought-out single-level residence totaling 4,235A± square feet with four bedrooms, four and a-half baths, and impact-glass windows and exterior doors including the frosted-glass doors of the two-bay garage. There are Italian porcelain tile floors, gallery-like wall spaces, and accents of cypress and split-face stone. Smart-house electronics incorporate the climate-control systems, audio/visual systems, and Lutron ambiance lighting. Stepping inside the glassed entry under a cantilevered roof, the seamless flow of space unfolds into the open living room and exquisite kitchen, combined with the dining and family areas, all joined through retractable walls of glass to the pool patio in a resort-like oasis. For the inspired chef, the kitchen offers streamlined cabinetry, Caesarstone counters, and Miele gas range, steam oven, and dishwasher. Also opening its doors by the pool, the spa-like master retreat features two walk-in closets and a luxe bath with pearl-like finishes, soaking tub, glassed shower, and outdoor shower in a walled garden courtyard. Three more bedrooms also have en-suite baths.
Disclaimer: The information provided herein including but not limited to prices, measurements, square footages, lot sizes, calculations and statistics have been obtained and conveyed from third parties such as the applicable Multiple Listing Service, public records as well as other sources. All information including that produced by the Sellers or Listing Company are subject to errors, omissions or changes without notice and should be independently verified by any prospect for the purchase of a Property. The Sellers and Listing Company expressly disclaim any warranty or representation regarding all enclosed information. Prospects' use of any information herein is acknowledgement of this disclaimer and that Prospect shall perform their own due diligence. Prospects shall not rely on this information when entering into a contract for sale and purchase. Some affiliations may not be applicable to certain geographic areas. If your property is currently listed, please do not consider this a solicitation. In the event a Buyer defaults, no commission will be paid to either Broker on the Deposits retained by the Seller. "No Commissions Paid until Title Passes." Buyer pays title insurance, Florida documentary stamps, and all other closing costs for New Construction and land use. Copyright 2016 Listing Company. All Rights Reserved.
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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%.
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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 22, 2019 | Sold | ||
| Sold | |||
| Jan 18, 2019 | Listed by Premier Estate Properties, Inc | $2,399,000 | |
| Listed by Premier Estate Properties, Inc | |||
| Jun 30, 2016 | Sold | ||
| Sold | |||
| May 9, 2016 | Listed by Premier Estate Properties, Inc | $1,995,000 | |
| Listed by Premier Estate Properties, Inc | |||
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About Delray Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017