2788 Lake Ida Road
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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, 2026 | Sold | ||
| Sold | |||
| May 7, 2026 | In contract | - | |
| In contract | |||
| Apr 29, 2026 | Listed by Compass Florida LLC | $529,900 | |
| Listed by Compass Florida LLC | |||
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Clean, updated, and move-in ready—this 4-bedroom, 2-bath pool home offers the freedom of no HOA and a layout built for real living. Inside, you'll find neutral flooring throughout with no carpet, complemented by crown molding and high-hat lighting that creates a bright, modern feel from the moment you walk in. The updated kitchen features classic white cabinetry, granite countertops, and stainless steel appliances, all flowing seamlessly into the dining area with direct access to the patio—perfect for indoor-outdoor living and entertaining. Step outside to a patio overlooking your private pool and fully fenced yard, delivering the ideal setup for relaxing, hosting, or enjoying total privacy. This is a clean, low-maintenance home with all the right updates and none of the rest
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| Oct 15, 2018 | Sold | ||
| Sold | |||
| Aug 29, 2018 | Listed by United Realty Group, Inc | $274,900 | |
| Listed by United Realty Group, Inc | |||
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About Delray Shores
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$8,500 /mo
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$7,900 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017