23
Map
980 Normandy U
About This Property
''as is'' . Dishwasher does not work.. Screened in patio - with garden view. This is a great first floor unit for the price. Cash offers only. Kings Point is a resort style community with 3 multi-million dollar clubhouses (remodeled)..indoor/outdoor heated pools, tennis courts, exercise rooms, pool rooms, library, ceramics, art room, clubs and dances and much more...even live theater weekly. Indoor resistance pool. Beauty shop/barber shop on site with nail salon. Cafe, Bistro and even courtesy bus to shopping daily. Just 6 miles from the ocean and historic downtown Delray Beach....Golf view from Living Ro
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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%.
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 |
|---|---|---|---|
| Apr 3, 2020 | Sold | ||
| Sold | |||
| Feb 19, 2020 | Listed by Signature International Real E | $69,995 | |
| Listed by Signature International Real E | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/19/2020
| |
2 Bed
|
2 Bath
|
907 ft²
|
$69,995
2 Bed
2 Bath
907 ft²
|
$67,000
-4.28%
04/03/2020
|
Bonnie Rochetti
Signature International RE
|
Building Info
About Kings Point
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017