4777 Valencia Drive
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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 30, 2025 | Sold | ||
| Sold | |||
| Mar 28, 2025 | In contract | - | |
| In contract | |||
| Feb 14, 2025 | Listed by Lang Realty/ BR | $769,990 | |
| Listed by Lang Realty/ BR | |||
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Wow! Stunning Lakefront and beautifully renovated home is a rare find in the sought-after Hammock Reserve community of Delray Beach. Featuring a brand-new roof, hurricane impact doors and windows, upgraded AC and water tank, as well as the luxurious kitchen and bathroom remodels, this home offers a perfect balance of functionality and style. The premium cabinets, quartz counters, and new appliances add a modern touch to the space, as well as the wall to wall stylish flooring. This home is truly move-in ready! Enjoy breathtaking water views from the screened patio enclosure and take in the beauty of tree-lined streets in this hidden gem of a neighborhood. Originally updated for the owner's forever home, a job transfer creates an incredible opportunity for one lucky buyer. Don't miss out!
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| Jan 6, 2020 | Sold | ||
| Sold | |||
| Sep 17, 2019 | Listed by Lang Realty/Delray Beach | $419,000 | |
| Listed by Lang Realty/Delray Beach | |||
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About Hammock Reserve
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$7,900 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017