100 Macfarlane Drive #2A
About This Property
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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.
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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 |
|---|---|---|---|
| May 10, 2024 | Sold | ||
| Sold | |||
| Mar 24, 2024 | Listed by Compass Florida LLC | $3,250,000 | |
| Listed by Compass Florida LLC | |||
| | |||
|
Chic, easy living at Delray Yacht Club Residences, a modern and smartly designed waterfront oasis in the heart of vibrant downtown Delray Beach. This completely renovated corner unit condo boasts wide water views, overlooking a yacht basin on the Intracoastal waterway. This well-appointed unit features 3 bedrooms, 3 full bathrooms, and one of only 2 oversized corner unit balconies in the building. Two garage spaces. Upon entering, a spacious foyer leads to the open living area that showcases the stunning water views. The chef's kitchen is well equipped with top-of-the-line appliances, induction cooktop and ample counter space, perfect for culinary enthusiasts. Three spacious bedrooms and a smart layout make this the perfect space to entertain guests. The large balcony provides the ideal setting to enjoy incredible sunsets from your own private outdoor space. Nestled on quiet Macfarlane Drive on coveted Delray Beach island, this lowrise building of just 12 residences is a short walking distance to Atlantic Ave & the beach, providing easy access to the vibrant local scene while maintaining a tranquil setting. Immerse yourself in the allure of waterfront living in this sophisticated and meticulously designed residence.
~FULLY renovated in 22/23
~ALL new kitchen appliances
~Elica Tesla Induction Cooktop imported from Italy
~Dekton countertops
~NEW 10" solid hardwood FLOORING
~NEW water heater
~NEW water filter for entire unit
~TWO gated & secure garage spaces
~TWO storage closets in garage
~OVERSIZED BALCONY approx. 380 Sq Ft
~Auto-blinds in main living area
~ALL new light fixtures
| |||
| Jun 17, 2022 | Sold | ||
| Sold | |||
| May 6, 2022 | Listed by Posh Properties | $2,695,000 | |
| Listed by Posh Properties | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/24/2024
|
3 Bed
|
3 Bath
|
2242 ft²
|
$3,250,000
3 Bed
3 Bath
2242 ft²
|
$3,250,000
05/10/2024
|
Geoff Braboy
Atlantic Waterfront Properties
| |
|
05/06/2022
|
3 Bed
|
3 Bath
|
2202 ft²
|
$2,695,000
3 Bed
3 Bath
2202 ft²
|
$2,500,000
-7.24%
06/17/2022
|
Holli Brisson
Illustrated Properties
| |
|
01/05/2015
|
3 Bed
|
3 Bath
|
2202 ft²
|
$1,195,000
3 Bed
3 Bath
2202 ft²
|
$1,125,000
-5.86%
05/01/2015
|
Michelle Sadownick
One Sotheby's International Realty
| |
|
10/11/2014
|
3 Bed
|
3 Bath
|
2202 ft²
|
$949,000
3 Bed
3 Bath
2202 ft²
|
$925,000
-2.53%
01/27/2015
|
Jerilyn M Walter
Premier Estate Properties, Inc
| |
|
12/13/2013
|
3 Bed
|
3 Bath
|
2202 ft²
|
$925,000
3 Bed
3 Bath
2202 ft²
|
$850,000
-8.11%
04/01/2014
|
Susan K Ludwig
Lang Realty/ BR
| |
|
11/10/2011
|
3 Bed
|
3 Bath
|
2202 ft²
|
$735,000
3 Bed
3 Bath
2202 ft²
|
$690,000
-6.12%
05/01/2012
|
Betty P Devitt
Premier Estate Properties, Inc
| |
|
10/23/2011
|
3 Bed
|
3 Bath
|
2202 ft²
|
$885,000
3 Bed
3 Bath
2202 ft²
|
$825,000
-6.78%
05/18/2012
|
Michael Mullin
William Raveis South Florida
| |
|
10/20/2011
|
3 Bed
|
2 Bath
|
2202 ft²
|
$860,000
3 Bed
2 Bath
2202 ft²
|
$770,000
-10.47%
02/09/2012
|
Michael Mullin
Lang Realty/BR
| |
|
02/18/2008
|
3 Bed
|
3 Bath
|
2308 ft²
|
$579,000
3 Bed
3 Bath
2308 ft²
|
$579,000
03/12/2009
|
Lynda Brown
Ceil Brown Realty
|
Building Info
About Delray Beach Yacht Club Condominiums
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Phone: 425-283-2930
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