Gorgeous lake views from every back room in this light n bright 2
bedroom villa in Laurel Oak section of Las Verdes. You will love
the tranquil lake views from your primary bedroom, living room &
family rooms. The family room features sliders out an open patio
that's perfect for BBQ. The kitchen has been opened up to the
living area and both baths have also been redone. Brand new
roof & gutters in Oct '25, brand new Water Heater '26, AC
System 2024, freshly painted inside, new light fixtures and more.
One of the quietest n peaceful sections of the community but still
walking distance to satellite Pool II n Bacci Courts. Enjoy an
active clubhouse, 3 pools, Tennis, Pickleball, new Gym n
more....See Supplement for more info on Las Verdes. LAS
VERDES IS A BEAUTIFULLY MAINTAINED GATED COMMUNITY IN THE HEART OF
DELRAY BEACH. THERE ARE 3 POOLS, TENNIS, BOCCE & PICKLEBALL COURTS,
JACUZZIS, SHUFFLEBOARD, BASKETBALL HOOP AND WALKING/JOG AREAS. TAKE
A LEISURELY STROLL AROUND THE PEACEFUL, SERENE COMMUNITY LAKE. NEW
EXERCISE ROOM IN 2021 IS 4 TIMES BIGGER WITH ALL NEW EQUIPMENT. ITS
ACTIVE CLUBHOUSE HOSTS A VARIETY OF ACTIVITIES INCLUDING EXERCISE
CLASSES, DINNERS, DANCES, PRIVATE CLUB ACTIVITIES AND NAMED
ENTERTAINMENT. TONS OF IMPROVEMENTS THE LAST 7 YEARS, NOT JUST THE
EXERCISE ROOM, NEW ROOF AND FLOOR IN CLUBHOUSE, ALL POOL BATHROOMS
UPDATED AND NOW ADA COMPLIANT, SEWER DRAINAGE PIPES RE-SLEEVED, NEW
BORDER FENCE AROUND COMMUNITY, NEW LANDSCAPING AT BOTH ENTRANCES,
NEW GUARD SHACK N MUCH MORE. LAS VERDES IS ON THE DELRAY MEDICAL
CENTERS NEW UPGRADED POWER GRID AND DID NOT LOSE POWER AFTER
HURRICANE IRMA IN 2017. LAS VERDES IS CLOSE TO MANY FINE
RESTAURANTS, SHOPPING AREAS & MEDICAL FACILITIES. THE AZURE WATERS
OF THE ATLANTIC ARE APRX. 6 MILES CLOSE. A WONDERFUL PLACE TO CALL
HOME WHETHER YOU PLAN ON BEING A FULL TIME RESIDENT OR THE SEASONAL
"SNOWBIRD". LAS VERDES IS NOT PART OF KINGS POINT; COMPLETELY
SEPARATE COMMUNITY. . . . . . . . . . . . . . . . . .ALL SQARE
FOOTAGE IS APPROXIMATE. ALL INFORMATION DEEMED RELIABLE BUT NOT
GUARANTEED.
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.
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