48
Map
233 Lake Terrace
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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%.
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 |
|---|---|---|---|
| Sep 22, 2026 | Listed by One Sotheby's International Realty | $1,395,000 | |
| Listed by One Sotheby's International Realty | |||
| Jul 31, 2026 | Sold | ||
| Sold | |||
| Jul 14, 2026 | In contract | - | |
| In contract | |||
| Jul 9, 2026 | Listed by Atlantic Waterfront Properties | $1,150,000 | |
| Listed by Atlantic Waterfront Properties | |||
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Charming ranch-style home in Delray Beach's desirable Lake Ida community! This 3-bedroom, 2-bath residence offers architectural appeal and a spacious layout on a generous lot with room for a pool. Enjoy a large kitchen perfect for gatherings, beautifully updated bathrooms, and modern flooring throughout. The fully fenced yard includes a generous sundeck, outdoor Florida room, and a sleek new driveway. Private and versatile outdoor space ideal for entertaining or relaxing. Located just minutes from Atlantic Avenue, downtown Delray's shops, dining, and world-class beaches, this home blends comfort, style, and unbeatable location within Lake Ida. Walk to Old School Square, Bender's Market and Pineapple Grove. The Arts District is right there. Welcome to Delray!
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| Feb 11, 2015 | Sold | ||
| Sold | |||
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About Chevy Chase
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017