3130 Sherwood Boulevard
About This Property
The property is remodeled and move-in condition. Rooms flows from the elegant foyer, to the spacious living/dining room into the family room to the enclosed Florida room which overlooks the pool and tropical gardens. Updated kitchen is equipped w/wood cabinets, solid surface countertops & Stainless Steel appliances.
The master bedroom features built in cabinetry, two walk-in closets & wood flooring. The luxurious master bath has a two vessel sink vanity, glass shower stall and exquisite tile work. Home has Impact windows & Plantation shutters. Laundry room. Tile in public rooms, carpet & wood flooring in the bedrooms. No HOA! Close to beaches, shopping, downtown Atlantic Ave.
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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 |
|---|---|---|---|
| Nov 8, 2022 | Sold | ||
| Sold | |||
| Sep 20, 2022 | Listed by Vlasek Real Estate Group | $1,045,000 | |
| Listed by Vlasek Real Estate Group | |||
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In Delray Beach's most sought after NO HOA community, Sherwood Park, sitting on an oversized lot is this fully updated coastal chic ranch style home. Meticulously renovated to be a true open concept, this home is perfect for entertaining. The jaw-dropping chef's kitchen boasts an 11ft quartz island, shaker style cabinets, glass subway tile backsplash, Kitchen Aid appliances including induction cooktop w/ range, wall oven, & convection oven/microwave. The primary suite offers 2 walk-in closets, built-in storage & a huge ensuite bathroom. Enjoy sunny days overlooking your resort style pool and fully fenced in tropical backyard. This completely turnkey home also offers a brand new AC w/ new ducts, metal roof replaced in 2010, hurricane impact windows & doors, new landscaping, well sprinklers & so much more! Enjoy the Florida Lifestyle that living minutes from Downtown Delray Beach can provide. Call today for a private showing, this extremely rare opportunity will not last long!
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| Sep 11, 2022 | No longer available | - | |
| No longer available | |||
| Aug 30, 2022 | Relisted | $1,050,000 | |
| Relisted | |||
| Jun 22, 2022 | No longer available | - | |
| No longer available | |||
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About Sherwood Park
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Last Updated: 5 months ago
Data Source: Beaches MLS, MLS# R10427774
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