2 Slash Pine Drive #2
About This Property
The manager has listed the unit size as 1975 square feet.
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Cap Rate Calculator
What does this mean?
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 21, 2019 | Sold | ||
| Sold | |||
| Feb 3, 2019 | No longer available | - | |
| No longer available | |||
| Feb 1, 2019 | Listed | $336,000 | |
| Listed | |||
| | |||
|
CONPLETELY REDONE VILLA OVERLOOKING THE LAKE. THIS LIGHT & BRIGHT VILLA HAS AN OPEN FLOORPLAN WITH A NEW KITCHEN WITH GRANITE COUNTERS & STAINLESS STELL APPLIENCES. OTHER UPGRADES INCLUDE NEW FLOORS AND TWO NEW BATHS. OUTSIDE THE IS A LARGE PAVERED PATIO WITH WIDE OPEN LAKEVIEWS.
| |||
| Jun 5, 2018 | Listed | $336,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/18/2025
| |
3 Bed
|
2 Bath
|
2121 ft²
|
$549,000
3 Bed
2 Bath
2121 ft²
|
$530,000
-3.46%
02/11/2026
|
Warren J Heeg
Compass Florida LLC
|
|
02/01/2019
|
3 Bed
|
2 Bath
|
1975 ft²
|
$336,000
3 Bed
2 Bath
1975 ft²
|
$285,000
-15.18%
08/21/2019
|
Warren J Heeg
Compass Florida LLC
| |
|
06/05/2018
|
3 Bed
|
2 Bath
|
1975 ft²
|
-
3 Bed
2 Bath
1975 ft²
|
-
-
|
-
|
Building Info
About Delray Dunes
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