1123 Canoe Point
About This Property
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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 |
|---|---|---|---|
| Apr 22, 2026 | Sold | ||
| Sold | |||
| Feb 27, 2026 | Price Decreased |
$1,159,000
↓ $30K
(2.5%) | |
| Price Decreased | |||
| Feb 12, 2026 | Listed by FlatFee.com | $1,189,000 | |
| Listed by FlatFee.com | |||
| Feb 12, 2025 | Sold | ||
| Sold | |||
| Jan 25, 2025 | Listed by Southfields Real Estate, Inc. | $875,000 | |
| Listed by Southfields Real Estate, Inc. | |||
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Experience the vibrant Delray Beach lifestyle in this charming 3-bed/2-bath home, just a mile away from the ocean and Atlantic Avenue. Located in a wonderful gated community. Features include: and a new roof, new air conditioning unit, newly painted garage and exterior, hurricane impact windows and garage door, accordion-shuttered doors, plantation shutters, a recently refurbished screened porch; located near the community playground, pool, tennis/pickleball courts, boat ramp to Lake Ida and top-rated schools. ADT security and Xfinity internet included in HOA dues. Don't miss this opportunity to enjoy Delray Beach living at its best!
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About Delray Lakes
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017