1175 Sea Grape Circle
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 |
|---|---|---|---|
| Nov 17, 2025 | Sold | ||
| Sold | |||
| Oct 3, 2025 | In contract | - | |
| In contract | |||
| Sep 1, 2025 | Listed by Compass Florida LLC | $925,000 | |
| Listed by Compass Florida LLC | |||
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This inviting single-level home has nearly 2,000sf with 3 beds/2 baths and an open concept living area. Enjoy long water views through the great room windows with lush landscaping surrounding the home to create a tropical oasis. The kitchen is the heart of the home with modern, open-concept central island, SS appliances, and sleek finishes. Enjoy the 2024 ROOF and IMPACT GLASS WINDOWS and DOORS, oversized porcelain flooring, modern interior doors and trim, and custom built-in closets throughout. Extra perks include fresh landscaping and paint, a newer water heater, and NEW 2025 Carrier AC (5 Ton). A full home water filtration system, custom window treatments, a white 6' privacy fence adjacent to the easy-access community pool, plus privacy tinting on the hurricane impact glass front door. Nestled in the desirable Sabal Lakes community of Delray Beach. Enjoy stunning lakefront views from the screened-in loggia. Significant enhancements have been made throughout the home, including: NEW impact-resistant windows and doors (2024), NEW oversized 24"x 48" porcelain flooring (2024), NEW stylish interior doors and NEW hardware (2024), and NEW custom-built closets throughout (2024). The NEW kitchen and bathrooms have been tastefully remodeled with modern custom cabinetry, counters, and fixtures. Sabal Lakes is a vibrant community blending suburban peace with urban access. Built in four phases, it features over 450 single-family homes with diverse, modern designs. Located west of downtown Delray near South Military Trail, it's close to top schools, shopping, dining, and beaches. The community features multiple pools, playgrounds, walking paths, and scenic lakes. The vibe is friendly and social, with community events.
DISCLAIMER: Information published or otherwise provided by the listing company and its representatives including but not limited to prices, measurements, square footages, lot sizes, calculations, statistics, and videos are deemed reliable but are not guaranteed and are subject to errors, omissions or changes without notice. All such information should be independently verified by any prospective purchaser or seller. Parties should perform their own due diligence to verify such information prior to a sale or listing. Listing company expressly disclaims any warranty or representation regarding such information.
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| Jul 24, 2024 | Sold | ||
| Sold | |||
| Apr 15, 2024 | Listed by Compass Florida LLC | $895,000 | |
| Listed by Compass Florida LLC | |||
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Discover your updated retreat in Delray Beach's desirable Sabal Lakes community. This alluring single-level home features 3 bedrooms and 2 bathrooms in a layout that maximizes space and comfort. The heart of the home is a modern open-design kitchen with a central island, new appliances, and chic finishes. Significant enhancements include new impact-resistant windows and doors, pocelain flooring, stylish interior doors, and a custom-built walk-in closet. The kitchen and bathrooms are tastefully remodeled to current trends. Extra updates include new landscaping, fresh paint, a new roof, water heater, and efficient Trane A/C. Set in a picturesque community with tree-lined streets and community pools, this home offers style and ease in a scenic setting. DISCLAIMER: Information published or otherwise provided by the listing company and its representatives including but not limited to prices, measurements, square footages, lot sizes, calculations, statistics, and videos are deemed reliable but are not guaranteed and are subject to errors, omissions or changes without notice. All such information should be independently verified by any prospective purchaser or seller. Parties should perform their own due diligence to verify such information prior to a sale or listing. Listing company expressly disclaims any warranty or representation regarding such information. LA is related to owner.
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About Sabal Lakes
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017