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1210 Delray Lakes Drive
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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 |
|---|---|---|---|
| Jun 15, 2026 | Listed by Regency Realty Services | $1,350,000 | |
| Listed by Regency Realty Services | |||
| Nov 14, 2025 | Sold | ||
| Sold | |||
| Oct 26, 2025 | In contract | - | |
| In contract | |||
| Sep 10, 2025 | Listed by The Corcoran Group | $845,000 | |
| Listed by The Corcoran Group | |||
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Luxury Living in the Heart of Delray Beach - 1210 Delray Lakes Drive
Discover 1210 Delray Lakes Drive, a 3-bedroom, 2-bath home in one of Delray's premier gated communities. With soaring ceilings and an open floor plan this residence offers comfort and style. The chef's kitchen flows into sunlit living areas and out to a private backyard with pool and lush landscaping.
The primary suite features generous closets and a spa-like bath. Additional highlights include a 2-car garage, hurricane protection, and meticulous finishes.
Delray Lakes offers gated security, tennis courts, a private boat ramp with lake access, and a serene lakefront setting—all just minutes from Atlantic Avenue, beaches, dining, and shopping.
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| Apr 6, 2000 | Sold | ||
| Sold | |||
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About Delray Lakes
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017