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3512 Diane Drive
About This Property
Set on a quiet street in a desirable, non-HOA neighborhood, this single-story home features 3 bedrooms, 2 bathrooms, a spacious den, and an oversized Florida room that showcases beautiful water views. With nearly 2,000 square feet of interior living space, there's room to spread out, relax, and enjoy the tranquil surroundings. The layout is functional and inviting, offering excellent flow between living areas while allowing the opportunity for modern updates to truly make it your own. The brand-new roof installed in 2024 provides peace of mind and adds value to the home, making it move-in ready for those eager to enjoy the Florida lifestyleor a perfect canvas for investors and renovators looking to customize a waterfront retreat. Outside, the backyard opens directly to a private canal with easy access to Lake Ida. Whether you're into paddleboarding, kayaking, or just enjoying sunset views from your backyard, this location is a dream come true for water lovers. There's also an attached 2-car garage, providing ample storage for vehicles, gear, and more. Beyond the property itself, you'll love the unbeatable locationjust minutes to I-95, the West Palm Beach Airport, pristine beaches, top-rated schools, and the dining, shopping, and nightlife of world-famous Atlantic Avenue in Downtown Delray Beach. Surrounded by upscale new construction and redevelopment, this is a smart investment in a growing and highly desirable neighborhood. Don't miss the chance to own on one of Boynton Beach's most coveted canals. Whether you're looking for your forever home, a vacation getaway, or your next great renovation project3512 Diane Drive offers it all.
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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 |
|---|---|---|---|
| Feb 23, 2026 | Sold | ||
| Sold | |||
| Jan 22, 2026 | In contract | - | |
| In contract | |||
| Sep 4, 2025 | Price Decreased |
$950,000
↓ $49K
(4.9%) | |
| Price Decreased | |||
| Jun 17, 2025 | Listed by Coldwell Banker Realty /Delray Beach | $999,000 | |
| Listed by Coldwell Banker Realty /Delray Beach | |||
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About Lake View Haven
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017