1800 Lake Drive
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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 |
|---|---|---|---|
| Jun 3, 2021 | Sold | ||
| Sold | |||
| May 26, 2021 | Listed by The Corcoran Group | $3,500,000 | |
| Listed by The Corcoran Group | |||
| Oct 19, 2018 | No longer available | - | |
| No longer available | |||
| Oct 17, 2018 | Listed | $4,295,000 | |
| Listed | |||
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One of Lake Ida's largest and most impressive estates is found in this elegant eight-bedroom residence on sprawling lakefront grounds creating the sense of an idyllic resort compound. Picturesque waters stretch to distant wooded parklands as the outlook of this sprawling estate fronting 134+/- feet on serene Lake Ida, the visual and recreational centerpiece of a desirable community only a couple miles from downtown Delray Beach. The information herein is deemed reliable and subject to errors, omissions or changes without notice. The information has been derived from architectural plans or county records. Buyer should verify all measurements The manager has listed the unit size as 8488 square feet.
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| May 30, 2018 | Listed | $4,295,000 | |
| Listed | |||
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One of Lake Ida's largest and most impressive estates is found in this 1+/--acre paradise on 134+/- ft. of shoreline, where picturesque water vi/ews stretch to distant parklands. Perfect for a large family and those who love to entertain, this stately traditional-style showplace features a 2-story living room, club room, wine tasting room, and luxurious master suite with 2 baths. For resort-at-home living, a waterfall pool, cabana, and covered boat dock are highlights of the sprawling outdoor oasis. The information herein is deemed reliable and subject to errors, omissions or changes without notice. The information has been derived from architectural plans or county records. Buyer should verify all measurements. See supplement The manager has listed the unit size as 8488 square feet.
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About High Acres
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017