49
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16586 Boca Delray Drive
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.
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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 14, 2025 | Sold | ||
| Sold | |||
| Feb 2, 2025 | In contract | - | |
| In contract | |||
| Jan 3, 2025 | Listed by Lang Realty/ BR | $850,000 | |
| Listed by Lang Realty/ BR | |||
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Completely remolded estate home with lake & golf views*Open Floorplan allows for sweeping views of a serene backyard*3 Bedrooms & 2.5 Baths add to the design w/ double door front entry*Complete Impact Windows & Doors & New Roof*Move-In Ready*Italian Porcelain Floors*Taj Mahal Quartzite Counters*Home is almost 2,400 SF*Voted one of top Executive Golf Courses in Florida, Boca Delray Golf & Country Club is the most affordable country club in the Boca Delray area*Challenging Par-60, 18-Hole Golf Course on 160 Acres w/ abundant wildlife to enjoy*Non-Equity 55+ adult Country Club in the heart of Delray & Boca*Minutes to beach; downtown Boca & Delray*Use Facilities upon Ownership* NO ANNUAL DUES*12,000 SF Clubhouse just updated*Pet Friendly*Lifestyle, Luxury & location*Let's make you my neighbor
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| Sep 9, 2024 | Sold | ||
| Sold | |||
| May 21, 2024 | Listed by The Keyes Company | $450,000 | |
| Listed by The Keyes Company | |||
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SPECTACULAR Golfcourse & lakeview home. Home features 2 Master suites each with spacious walk-in closets. Neutral Tile thruout except carpet in bedrooms. Formal living & Dining Rooms. Nice kitchen opens to Family Room. Sliders out to Covered & Tiled A/C patio. Awesome views of the water, fountain & golf course. Separate laundry room inside with additional storage cabinets & sink. 2- car garage. Newer A/C. NO ANNUAL DUES & NO INITIATION FEE. Great amenities include 18 holes of par-60 Golf on 145 acres, clubhouse, pool, Cafe/restaurant, Fitness Center, Tennis, pickleball, Clubs, Parties, NON-Equity 55+ Country Club. Convenient location close to restaurants, beaches, interstate, shopping & more. Basic cable & Internet included in HOA fee.
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About Boca Delray
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017