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3579 Commodore Circle
About This Property
The upscale, waterfront hamlet of Pelican Harbor is truly a hidden treasure within the famous city of Delray Beach. It boasts a manned 24 hr guard gate, lighted tennis courts, pickleball, two community pools and the private marina where docks are often available for sale or lease. Lush landscaping is highlighted throughout this beautiful, friendly, and desirable community. The information herein is deemed reliable and subject to errors, omissions and changes without notice. All measurements may be approximate.
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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 4, 2024 | No longer available | - | |
| No longer available | |||
| Mar 13, 2024 | Listed by RE/MAX Services | $1,045,000 | |
| Listed by RE/MAX Services | |||
| | |||
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Introducing this hidden gem located in East Delray! This newly renovated single family pool home features 2 bedrooms, 2 bathrooms, and a 2-car garage. This home recently underwent renovations including new flooring throughout, removal of popcorn ceilings, new lighting fixtures and freshly painted. The kitchen has been renovated to create a spacious and inviting atmosphere, now featuring a breakfast bar that seamlessly connects to the dining room and brand-new stainless appliances. The master suite features sliders to the pool area along with an oversized walk-in closet and ensuite bath. The second bedroom also features a walk-in closet and an atrium area, adding a unique and charming touch to the room. The atrium area creates a cozy nook bathed in natural light. Both bathrooms have The manager has listed the unit size as 1500 square feet.
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| Aug 17, 2023 | Sold | ||
| Sold | |||
| Jul 14, 2023 | Listed by United Realty Group, Inc | $779,000 | |
| Listed by United Realty Group, Inc | |||
| Oct 20, 1999 | Sold | ||
| Sold | |||
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About Pelican Harbor
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017