38
Map
4775 Lakeland 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 |
|---|---|---|---|
| Nov 22, 2024 | Sold | ||
| Sold | |||
| Aug 1, 2024 | Listed by Coldwell Banker | $629,999 | |
| Listed by Coldwell Banker | |||
| | |||
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Welcome to 4775 Lakeland Drive, where luxury meets convenience in the vibrant heart of Delray Beach. This elegant residence offers not only sophisticated living but also unparalleled access to the best that Delray Beach has to offer. Situated just minutes from the bustling Atlantic Avenue, you'll enjoy immediate access to a plethora of dining, shopping, and entertainment options. From trendy boutiques to world-class restaurants, everything you need is right at your doorstep. This home features 3 bedrooms and 2 bathrooms, designed with an open-concept floor plan that maximizes space and natural light. High ceilings and expansive windows enhance the inviting atmosphere throughout.
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| Aug 4, 1999 | Sold | ||
| Sold | |||
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About Hammock Reserve
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017