38
Map
227 Coral Trace Lane
About This Property
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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 28, 2025 | Sold | ||
| Sold | |||
| Feb 25, 2025 | In contract | - | |
| In contract | |||
| Feb 6, 2025 | Listed by Douglas Elliman | $430,000 | |
| Listed by Douglas Elliman | |||
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Enjoy your morning coffee in your screened lanai overlooking the peaceful lake views in this immaculate 2-bedroom, 2-bathroom, 1 car garage villa, quietly tucked away just minutes from downtown Delray Beach. The split floor plan boasts water views from the spacious primary bedroom and the open kitchen and living areas. The updated kitchen features granite countertops, stainless appliances, and upgraded tile flooring. The primary suite features soaring ceilings, dual sinks & a free standing shower next to your oversized soaking tub. Offered fully furnished, just bring your toothbrush! Rentable immediately. This gated community's low HOA fee includes alarm, landscaping, clubhouse, pool/spa, tennis, playground, billiards and fitness center. Under 2 miles from I-95 & close to FL Turnpike
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| Aug 25, 2010 | Sold | ||
| Sold | |||
| Mar 8, 2006 | Sold | ||
| Sold | |||
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About Coral Trace
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017