2002 Valencia Drive
About This Property
Close to Atlantic Ave with an abundance of nightlife, shops and fine restaurants in downtown Delray Beach. Don't miss this opportunity!
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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 |
|---|---|---|---|
| Aug 4, 2025 | Sold | ||
| Sold | |||
| Jun 28, 2025 | In contract | - | |
| In contract | |||
| Jun 17, 2025 | Listed by United Realty Group Inc | $679,000 | |
| Listed by United Realty Group Inc | |||
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Welcome to one of the finest homes in the highly sought-after gated community of Hammock Reserve- an exceptionally maintained, premier DiVosta Glenwood model, perfectly positioned on a Spacious and Private Corner Lot. This 3BR/2BA home offers thoughtful upgrades throughout, featuring a bright, open floor plan, kitchen perfect for entertaining and large gatherings with white Corian kitchen countertops, 10-inch crown molding throughout, and hurricane impact windows for added peace of mind. Wood floors enhance the master suite and third bedroom, while tile flooring extends through the garage and covered patio for added durability. Step outside to your Own Private, Tropical Oasis—a Custom Pool with Hot Tub, expansive deck that invites both relaxation and entertaining!! HOA Covers landscaping front and back yard.Central Vacuum System throughout whole home. Create the perfect setting for unwinding in total privacy. Located in a quiet, walkable neighborhood, you'll enjoy easy access to I-95, the Turnpike, beaches, parks, and the vibrant shops and restaurants of downtown Delray Beach. A rare opportunity to own a standout home on one of the best most premier lots in the community! Don't miss your chance!!
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| Jan 9, 2024 | Sold | ||
| Sold | |||
| Mar 13, 2023 | Sold | ||
| Sold | |||
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About Hammock Reserve
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Currently no similar homes aroundNearby Rentals
$7,900 /mo
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$10,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017