410 Lake Drive
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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.
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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 1, 2026 | Sold | ||
| Sold | |||
| Apr 28, 2026 | Listed by Douglas Elliman | $1,895,000 | |
| Listed by Douglas Elliman | |||
| Apr 30, 2024 | Sold | ||
| Sold | |||
| Sep 28, 2023 | Listed by Compass Florida, LLC | $1,795,000 | |
| Listed by Compass Florida, LLC | |||
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Located on a quiet street in charming Lake Ida, 410 Lake Drive offers the best of both worlds; a nod to classic Delray and a modern, fully renovated feel. Fully turnkey, the house is a private retreat that is just minutes away from lively Atlantic Avenue and Delray's beautiful beaches. This ranch style, 3 bedroom, 3 full bathroom, all one story home, was revitalized with a top-to-bottom renovation in 2015, featuring a new pool, metal roof, wood flooring, impact glass, gas range, full house generator, *vaulted* ceilings, updated plumbing and electrical, plantation shutters and more. The spacious backyard, with a heated pool and a high end tiki perfect for outdoor dining and entertaining, is one of the best in the neighborhood. Don't miss out on this gem!
Seller is a Licensed RE Agent
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| Feb 3, 2016 | Sold | ||
| Sold | |||
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About Totterdale
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017