60
Map
1263 NW 23rd Lane
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%.
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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.
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 |
|---|---|---|---|
| Mar 17, 2025 | Sold | ||
| Sold | |||
| Feb 23, 2025 | In contract | - | |
| In contract | |||
| Jan 5, 2025 | Listed by Champagne & Parisi Real Estate | $270,000 | |
| Listed by Champagne & Parisi Real Estate | |||
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Desired and rarely available, bright and sunny corner villa in a private, serene location in Rainberry Bay, Delray Beach. This 2-bedroom, 2-bathroom villa features an open floor plan, vaulted ceilings, a spacious enclosed patio, and two parking spaces. Recent updates include a new roof (2025) new AC (2022) and water heater (2023). Pet friendly, with HOA covering the roof maintenance and replacement, WiFi, security and common areas. Enjoy resort-style living in this 55+ community with 24-hour manned security, 5 pools, a clubhouse, a theater, 10 har-tru tennis courts and 8 lighted pickleball courts. Close to top-rated restaurants, shopping, beaches, I95, the Turnpike and Delray and Boynton Hospitals. This is a very active community!
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Property Highlights
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Price/ft²
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About Delray Beach
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$2,500 /mo
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- 1,186 ft²
$2,600 /mo
- 1 Bed
- 1 Bath
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017