14580 Lucy 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 |
|---|---|---|---|
| Apr 15, 2025 | Sold | ||
| Sold | |||
| Mar 12, 2025 | In contract | - | |
| In contract | |||
| Mar 5, 2025 | Listed by Re/Max Direct | $310,000 | |
| Listed by Re/Max Direct | |||
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Don't Miss This Opportunity! Own this beautifully renovated 2-bed, 2-bath villa in Delray Villas, a 55+ community in the heart of Delray Beach! This stunning home boasts a modern open-concept kitchen with white shaker cabinets, granite countertops, a stylish backsplash, a spacious island with extra storage. Brand-new stainless steel appliances & a new washer & dryer to complete the space. The primary suite offers an updated ensuite bathroom & a large walk-in closet, while the second bedroom also features a walk-in closet. Both bathrooms have been fully renovated w/frameless glass doors. Tile flooring throughout, LED recessed lighting & new fixtures, Crown molding in main living areas, Tiled front patio w/extra storage closets, AC 2019 & Hot Water Tank 2018, low HOA fees of just $227/mo.
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| Nov 15, 2024 | Sold | ||
| Sold | |||
| Sep 24, 2024 | Listed by KW Innovations | $175,000 | |
| Listed by KW Innovations | |||
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This property is sold for cash only. Handyman special. This property requires a full rehab. The seller makes no representations or warranties of any kind.
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About Delray Villas South
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017