14586 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%.
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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 |
|---|---|---|---|
| Jul 24, 2025 | Sold | ||
| Sold | |||
| Jun 25, 2025 | In contract | - | |
| In contract | |||
| May 21, 2025 | Price Decreased |
$256,900
↓ $3K
(1.2%) | |
| Price Decreased | |||
| Apr 17, 2025 | Listed by RE/MAX Direct | $259,900 | |
| Listed by RE/MAX Direct | |||
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Sold furnished and turnkey! This light-filled, beautifully updated 2-bedroom, 2-bath villa is located in Delray Villas, a sought-after 55+ community in the heart of Delray Beach. Features a renovated kitchen with white cabinetry, granite countertops, backsplash, & stainless steel appliances. Neutral 20'' tile flooring runs throughout the main areas, with cozy carpet in the bedrooms & knock-down ceilings. The spacious primary suite includes a renovated bath with a walk-in shower & walk in closet; guest bath offers a tub. Recent updates: hot water heater (2025), AC (2022), washer (1 yr), dishwasher & fridge (3 yrs). Tiled and rescreened front patio, plus a private tiled rear patio perfect for relaxing, BBQs or entertaining. Accordion shutters, hurricane-rated front door & freshly painted. A safe is located in the hallway closet and is included in the sale of the home. Each room features custom fabric cornice board window treatments, adding a sophisticated and elegant touch that enhances the overall design and charm of the home. Experience the brand-new 2024 clubhouse offering pools, tennis courts, fitness center, and a variety of other amenities. Ideally located just approximately 6 miles from the beach and vibrant Atlantic Avenue, where you'll find Delray Beach's top dining, shops, and nightlife. Conveniently close to major highways, shopping centers, and Delray Medical Center. This inviting villa offers comfort, convenience, and community. Truly a must-see!
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| Dec 21, 2012 | Sold | ||
| Sold | |||
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About Delray Villas South
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$7,900 /mo
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$10,000 /mo
- 3 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017