237 SE 4th Avenue
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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 |
|---|---|---|---|
| May 29, 2025 | Sold | ||
| Sold | |||
| May 16, 2025 | In contract | - | |
| In contract | |||
| Dec 20, 2024 | Listed by Coldwell Banker Realty /Delray Beach | $1,699,999 | |
| Listed by Coldwell Banker Realty /Delray Beach | |||
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Welcome to a one-of-a-kind home in the heart of Delray Beach. Enjoy the ultimate south Florida lifestyle with this impeccably renovated home, perfectly positioned just two blocks from the world-renowned Atlantic Avenue, in the charming neighborhood of Osceola Park. This home is surrounded by $2-$3 million homes recently built. Offering a seamless blend of modern design and timeless character, this three-bedroom, three-bathroom main residence is complemented by a charming two-bedroom, one-bathroom guest cottage, creating a rare and highly desirable opportunity in one of South Florida's most coveted locations. Step inside to discover an expansive open-concept living space, where natural light pours through the large windows, highlighting exquisite designer finishes and bespoke craftsmanship. The gourmet chef's kitchen is a masterpiece, featuring stainless steel appliances, quartz countertops, and custom cabinetry, all perfectly tailored for both intimate gatherings and grand entertaining. The serene primary suite is a sanctuary in itself, boasting a spa-inspired en-suite bath and an oversized walk-in closet with access to the private yard.
The private guest cottage offers an unparalleled retreat for visitors, an ideal space for extended family, or a lucrative rental opportunityall with the same impeccable attention to detail and refined finishes as the main residence.
The outdoors provides multiple outdoor living spaces designed for relaxation and entertaining. Whether savoring morning coffee on the front porch, hosting soirées under the stars, or taking a short stroll to Delray's pristine beaches, this home embodies effortless luxury and coastal sophistication. With all impact glass, no upgrade has been spared.
With unrivaled walkability, you are mere moments from Delray Beach's finest dining, world-class shopping, and vibrant nightlife. This is more than a homeit's an unbeatable lifestyle.
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| Aug 14, 2020 | Sold | ||
| Sold | |||
| May 21, 2020 | Listed by One Market Real Estate LLC | $749,000 | |
| Listed by One Market Real Estate LLC | |||
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About Delray Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017