15220 Waterleaf Lane
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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 |
|---|---|---|---|
| Jan 31, 2025 | Sold | ||
| Sold | |||
| Dec 28, 2024 | In contract | - | |
| In contract | |||
| Nov 29, 2024 | Listed by Douglas Elliman | $1,325,000 | |
| Listed by Douglas Elliman | |||
| | |||
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Experience modern luxury in this upgraded 4BR/3BA Sienna model in the gated Dakota community, built in 2020. The open floorplan boasts a gourmet kitchen with a unique oversized island, whole-house water filtration, and a guest bedroom with walk-in closet and full bath downstairs. Upstairs features a loft, a luxurious primary suite with 2 walk-in closets, dual vanities, soaking tub, and high ceilings, plus a laundry room with extra storage. The private backyard oasis includes a pool, jacuzzi, upgraded deck, and eastern exposure for beautiful sunlight. Enjoy resort-style amenities, including pools, courts, a playground, and a splash park, all minutes from downtown Delray and the Turnpike. Move-in ready and full of upgrades!
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| Oct 20, 2021 | Sold | ||
| Sold | |||
| Feb 5, 2021 | Listed by One Sotheby's International Realty | $760,000 | |
| Listed by One Sotheby's International Realty | |||
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About Palm Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017