1103 Canoe Point
About This Property
Boasting 3 bedrooms and 2 bathrooms, this spacious 1668 Sq foot home provides ample room for relaxation and entertainment. Step inside to discover an elegant interior adorned with high-end finishes, including hardwood floors, crown molding, and designer lighting throughout.
The heart of the home lies in the gourmet kitchen, where culinary enthusiasts will delight in top-of-the-line appliances, quartz countertops, and custom cabinetry. The adjacent dining and living area, complete with panoramic views of the water, creates the perfect setting for gatherings with friends and family.
Retreat to the master suite, a serene oasis featuring a spa-like ensuite bath with double snks and view of the pool. Additional bedrooms offer comfort and versatility, ideal for guests or a growing family.
Outside, the lushly landscaped backyard, and natural setting, set next to the private reserve. Lounge by the sparkling pool or dine alfresco on the expansive patio, surrounded by the serene sounds of waterfront living.
Delray Lakes Community offers a gated entrance with Pool, Tennis, Pickle Ball, Boat Ramp, Boat Storage and a quiet neighborhood community. Boaters will enjoy Lake Ida.
Conveniently located just moments from the vibrant shops, restaurants, and cultural attractions of downtown Delray Beach, this home offers the ultimate South Florida lifestyle. Don't miss your chance to experience waterfront luxury at its finest - schedule your private showing of 1103 Canoe Point today!"
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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%.
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 |
|---|---|---|---|
| Aug 9, 2024 | Sold | ||
| Sold | |||
| May 17, 2024 | Listed by One Sotheby's International Realty | $1,149,000 | |
| Listed by One Sotheby's International Realty | |||
| Aug 18, 2021 | Sold | ||
| Sold | |||
| Apr 27, 2017 | Sold | ||
| Sold | |||
| Feb 26, 2017 | Listed by One Sotheby's International Realty | $479,900 | |
| Listed by One Sotheby's International Realty | |||
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About Delray Lakes
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017