31
Map
3915 Arelia Drive
About This Property
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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 |
|---|---|---|---|
| Apr 11, 2025 | Sold | ||
| Sold | |||
| Mar 19, 2025 | In contract | - | |
| In contract | |||
| Dec 23, 2024 | Listed by American Realty Network LLC | $429,000 | |
| Listed by American Realty Network LLC | |||
| | |||
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Come see this peaceful GOLF COURSE VIEW from a completely renovated spacious 2 bed, 2 bath villa in a highly-desirable Shadywoods community. Open floor plan with vaulted ceilings receives tons of natural light from the kitchen & living areas. Home features neutral color throughout that has recently painted walls and newly done vinyl flooring. You will fall in love cooking in stunningly remodeled kitchen that features lots of cabinets and stainless steel appliances. Newer water heater, A/C and Electrical Panel. Enjoy the Florida lifestyle on the screen enclosed patio overlooking your spectacular yard. This pet-friendly community offers low HOA fee ($278) w/ a pool, tennis courts & clubhouse. Moments away from the beach, golf courses, shopping, restaurants, and downtown Delray Beach.
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| Dec 5, 2022 | Sold | ||
| Sold | |||
| Aug 11, 2022 | Listed by American Realty Network LLC | $379,000 | |
| Listed by American Realty Network LLC | |||
Property Highlights
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About Delray Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017