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2039 NW 15 Place
About This Property
views from all principal rooms. Granite countertops and stainless steel appliances highlight the open eat-in kitchen overlooking the lake. For your complete convenience, this split bedroom home has impact windows and doors, 2021 A/C, 2022 driveway, and 2020 brick paved patios. Rainberry Lake is a gated boater's delight offering 2 community pools, tennis, and basketball. All ages, pet friendly, and located just minutes to the beach, the Tri-Rail, and vibrant Downtown Delray Beach!
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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%.
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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 |
|---|---|---|---|
| Mar 27, 2025 | Sold | ||
| Sold | |||
| Feb 20, 2025 | In contract | - | |
| In contract | |||
| Feb 6, 2025 | Listed by RE/MAX Select Group | $580,000 | |
| Listed by RE/MAX Select Group | |||
| | |||
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Mrs. Clean lives here! Light and bright lakefront beauty with sweeping water views and DOCK for endless enjoyment! Park your boat right behind your home and cruise down Rainberry Lake to Lake Ida and Lake Eden. The spacious primary bedroom features engineered wood flooring and a renovated, modern bath - complete with glass encased shower, new vanity and dual sinks. Enjoy direct waterviews from all principal rooms. Granite countertops and stainless steel appliances highlight the open eat-in kitchen overlooking the lake. For your complete convenience, this split bedroom home has impact windows and doors, 2021 A/C, 2022 driveway, and 2020 brick paved patios. Rainberry Lake is a gated boater's delight offering 2 community pools, tennis, and basketball.
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| Dec 1, 2003 | Sold | ||
| Sold | |||
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About Rainbow Lakes South
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017