16639 Sweet Bay Drive
About This Property
Membership includes a family policy where parents, children & grandchildren have use of the club.
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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 |
|---|---|---|---|
| Apr 30, 2025 | Sold | ||
| Sold | |||
| Feb 22, 2025 | In contract | - | |
| In contract | |||
| Dec 31, 2024 | Listed by Lang Realty/Delray Beach | $3,250,000 | |
| Listed by Lang Realty/Delray Beach | |||
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Welcome to this stunning and fully renovated home, perfectly situated on a quiet cul-de-sac within the award-winning Delaire Country Club. This custom-designed home exudes eleganceand modern sophistication, boasting every high-end feature and finish imaginable. Nestled on a spacious lot backing onto the golf course, this property offers unparalleled privacy andpicturesque views, creating a true oasis of luxury living. Step inside to discover an expansive open floor plan bathed in natural light, with high ceilings, and sleek square modern lighting that enhance the clean, contemporary design. ThePorcelanosa kitchen is a masterpiece, featuring a grand center island, custom cabinetry with additional under-cabinet storage, and top-of-the-line appliances, including a Fisher & Paykel
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| Jan 21, 2022 | Sold | ||
| Sold | |||
| Apr 16, 2021 | Listed by Champagne & Parisi Real Estate | $499,000 | |
| Listed by Champagne & Parisi Real Estate | |||
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About Del-aire Golf Club
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017