862 Normandy R Trail 862 R, Delray Beach, FL 33484 — MLS photo

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862 Normandy R Trail 862 R, Delray Beach, FL 33484

Active · Condominium

$79,500

862 Normandy R Trail 862 R, Delray Beach, FL 33484

Beds
2
Baths
2
Living area
907 sq ft
$ / sq ft
$88/sq ft
Year built
1979
Lot size
—
HOA fee
$743
Annual tax
—

About this property

RENTABLE IMMEDIATELY A/C 2021 Enjoy every day in this 2nd-floor condo in the Kings Point Active Adult community. The owner's suite includes a large walk-in closet & en suite bathroom with a step-in shower. Relax in the Florida room, perfect for additional seating, dining, & entertaining. shows plus on-site cafes in the clubhouses. A Full bus system if you don't drive. Parking and or bus just outside your door. There's always something to do in this vibrant 55+ community. 2 golf courses, outdoor and indoor pools. Manned gate and security patrols. Near shopping and Highways.

Property location

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862 Normandy R Trail 862 R, Delray Beach, FL 33484

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
907 sq ft

Exterior & Structure

Property type
Condominium
Year built
1979
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$743
County
Palm Beach
MLS listing ID
B26000251
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

$320

Cap rate
10.5%
Net yield
10.5%
Cash-on-cash return
17.3%
Gross yield
27.9%
Mortgage payment
$377/mo
Down payment
$19,875
Loan amount
$59,625
Annual NOI
$8,364

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.