3030 Lake Ida Road
About This Property
The is the ONLY Single-Family Pool Home in Delray that's priced UNDER $400K with NO HOA Restrictions & NOT in an Age Restricted or Membership Required Community! This home offers Tremendous Value Upside as it's just under 4-Miles to Delray's Infamous Downtown & Sandy Beaches. Located on a nicely sized lot w/ a large, fenced back yard surrounding the pool & concrete deck area, this 2-Bed/2-Bath/2-Car Garage home features 1,272 Sq Ft Under Air but has a Total Footprint of 1,770 allowing for possible expansion to the interior. The Circular Drive provides added parking and an easy in & out to Lake Ida Rd. Interior Painted w/ some Windows Updated in the past year. Brand New Water Heater. AC replaced in 2015. Now Vacant & Ready to Close!
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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.
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 20, 2025 | Listed | $495,900 | |
| Listed | |||
| | |||
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No HOA! Well maintained outside. Enjoy the Private in ground pool. Property is occupied! Seller is motivated and is okay with a quick closing. Don't miss it!
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| Jan 3, 2023 | Sold | ||
| Sold | |||
| Jul 12, 2022 | Listed by Posh Properties | $399,000 | |
| Listed by Posh Properties | |||
| Oct 7, 2009 | Sold | ||
| Sold | |||
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About Delray Shores
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017