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923 SE 4th Avenue
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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 20, 2024 | No longer available | - | |
| No longer available | |||
| Jan 30, 2024 | Price Decreased |
$899,000
↓ $26K
(2.8%) | |
| Price Decreased | |||
| Oct 26, 2023 | Listed by Compass Florida, LLC | $925,000 | |
| Listed by Compass Florida, LLC | |||
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Welcome to your Delray Beach retreat. Located near Atlantic Ave with its eclectic mix of shops, restaurants, art galleries; a short bike ride to the beach. Designed with ease of living in mind, this meticulously renovated, sun drenched, 3-bed, 2-bath single family home has all new electric, plumbing, AC, WH, roof, flooring, and windows. Kitchen features top-of-the-line LG SS appliances, Dolomite counters, soft close cabinetry; laundry room has LG W/D. The primary with an en-suite bath has dual vanities, and walk-in shower. Two additional bedrooms and shared bath provide a perfect balance of comfort and privacy for your family and friends. Step outside to the fully fenced and pristinely landscaped backyard perfect for outdoor dining and entertaining. Room for a pool and summer kitchen. The manager has listed the unit size as 1124 square feet.
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| Sep 27, 2023 | No longer available | - | |
| No longer available | |||
| Jul 30, 2023 | Listed by RE/MAX Services | $995,000 | |
| Listed by RE/MAX Services | |||
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Wow... Absolutely Stunning Completely Renovated from Top to Bottom Downtown Delray Beach 3 Bedroom 2 Bath Cottage. This Cottage has everything from the Hurricane Impact Windows and Doors to the 2023 New Roof to the Premium Water Resistant Vinyl (No carpet in home) to the Oversized Almost 1/4 Acre Lot to the Gourmet Kitchen with Dolomite Countertops and Stainless Steel Appliances to the Travertine Back and Side Patios to the 2021 replacement of Plumbing and Electrical and so much more. This Home has Newer Sheds on Property and is less than a mile from Atlantic Avenue. Lots of Amazing things Going on in this Location. This one you will not want to miss. Come Fast as this one will Not Last. The manager has listed the unit size as 1124 square feet.
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About Rio Del Rey
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United Realty Group, Inc
Last Updated: 5 months ago
Data Source: Beaches MLS, MLS# R10712037
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