4787 Preserve Drive
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 4, 2025 | Sold | ||
| Sold | |||
| Jul 12, 2025 | In contract | - | |
| In contract | |||
| Jul 6, 2025 | Listed by Coldwell Banker Realty /Delray Beach | $939,000 | |
| Listed by Coldwell Banker Realty /Delray Beach | |||
| |||
|
Welcome to Delray living at its finest! This 3 bed + den single family home in the tree lined, gated community of Hammock Reserve has been completely updated. As you enter, you'll be greeted with an excess of natural light and 12 foot ceilings. This oversized lot, with a preserve view and stunning pool & spa is an entertainers dream. With a full kitchen renovation, this residence offers brand new cabinetry, countertops, and KitchenAid appliances as well as a freshly renovated primary bathroom, with new tile, shower, soaking tub, vanities and more. Additional upgrades include extensive landscaping, phantom screens installed for comfortable outdoor entertaining, built in pantry/ bar added to the living room, all new light fixtures and high hats, and a full-house water filtration system. All this, while being only 10 minutes away from downtown Delray and famed Atlantic Avenue as well as just five minutes away from Whole Foods, Trader Joe's, Target HomeGoods and more. Enjoy the best of Delray here on Preserve Drive.
| |||
| May 3, 2024 | Sold | ||
| Sold | |||
| Mar 13, 2024 | Listed by Lang Realty/Delray Beach | $814,900 | |
| Listed by Lang Realty/Delray Beach | |||
| | |||
|
WOW!!!! Gorgeous Oakmont model on a spectacular oversized lot. Backs to the beautiful tranquil location of the nature preserve. This is a single family home featuring 3 bedrooms plus a den. A backyard and custom pool and spa area like no other. Gorgeous marble pavers surround the tropical pool area as well as a large grass side yard. The view of the nature Preserve is very special, quiet and offers a very private location where you have no rear neighbors. The living areas throughout boosts beautiful wood floors, plantation shutters , custom moldings and many more upgraded features.
Open kitchen feel with newer appliances, custom back splash, lighting and white cabinetry. The guest bathroom has been totally renovated. Crown molding, built ins and many other fabulous features throughout. The home also has Accordian Hurricane shutters that make it easy to prepare if needed. Hammock Reserve is a sought after neighborhood in a great location of Delray Beach. Gated community with sidewalks, lakes and gorgeous tree lined streets. Close to beaches, shopping, hospitals, nightlife and much more. The builder, DiVosta Homes, was known for the quality of construction with poured concrete and reinforced steel. This is truly a gorgeous home with a beautiful location that is hard to find. Very large oversized, fenced yard. Call today to set up a private showing of this special property that is second to none!!!!
| |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Hammock Reserve
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$7,900 /mo
- 3 Beds
- 2 Baths
- 2,071 ft²
$9,700 /mo
- 3 Beds
- 2 Baths
- 1,589 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017