14838 Strand Lane
About This Property
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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 |
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| May 9, 2025 | Listed | $850,000 | |
| Listed | |||
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THIS HAS TO BE ONE OF THE FINEST HOMES UNDER 1 MILLION DOLLARS IN SOUTH FLORIDA. THIS BEAUTIFUL CONTEMPORARY GEM IS ON A PEACEFUL LAKE LOT. THE INTERIOR OF THIS SPECIAL HOME HAS BEEN TASTEFULLY REMODELED, TO A VERY HIGH STANDARD OVER THE LAST YEAR. IT HAS ALL THE BELLS AND WHISTLES. IMPACT WINDOWS, WHOLE HOUSE GENERATOR, NEW DESIGNER KITCHEN, NEW APPLIANCES, NEW BATHS, HUGE QUARTZ ISLAND AND THE KITCHEN HAS FLOOR TO CEILING CABINETS FOR THE BEST GOURMET COOK! THIS IS LOCATED IN THE HOT NEWER AREA OF DELRAY NEXT TO ATLANTIC AND ST RD 7. IT IS CONVENIENT TO SHOPPING, DINING, MOVIES. AND HOA INCLUDES LAWN CARE, CABLE, COMMON AREA AND EXTERIOR MAINTENANCE, TRASH REMOVAL, PLUS MUCH MORE. BUYERS SHOULD VERIFY ALL INFO. THE LISTING IS SUBJECT TO ERRORS, OMISSIONS AND CHANGES AT ANY TIME.
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| Apr 21, 2025 | Sold | ||
| Sold | |||
| Mar 19, 2025 | In contract | - | |
| In contract | |||
| Jan 2, 2025 | Listed by Compass Florida LLC | $849,000 | |
| Listed by Compass Florida LLC | |||
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Welcome to 14838 Strand Lane, an elegantly modern home nestled in the vibrant community of Delray Beach, FL. This residence has been meticulously remodeled, highlighting exceptional craftsmanship and design. The heart of the home is the custom kitchen, featuring quartz countertops and a stunning waterfall edge island, ideal for culinary enthusiasts and entertainers alike. With three generously sized bedrooms and two beautifully appointed bathrooms, each space is enhanced with custom cabinetry and countertops, offering a luxurious and tranquil atmosphere. The open-concept layout seamlessly integrates indoor and outdoor living, providing a perfect setting for relaxation and gatherings. Discover the perfect fusion of elegance and modernity in this thoughtfully updated home.
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| Jun 21, 2024 | Sold | ||
| Sold | |||
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About Tivoli Isles
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Douglas Elliman
Last Updated: 2 months ago
Data Source: Beaches MLS, MLS# F10424761
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