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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 |
|---|---|---|---|
| Apr 4, 2025 | Sold | ||
| Sold | |||
| Feb 26, 2025 | In contract | - | |
| In contract | |||
| Feb 6, 2025 | Listed by FlatFee.com | $530,000 | |
| Listed by FlatFee.com | |||
| | |||
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Welcome to this beautifully maintained 3-bedroom, 2-bathroom home nestled in a peaceful, NON-HOA neighborhood just minutes from downtown Delray Beach and the ocean. This home offers the perfect blend of comfort, convenience, and modern upgrades.Step inside to find a bright and inviting space filled with natural light. The hurricane-proof, energy-efficient windows and doors (installed in 2017) provide peace of mind, while the new roof (2020) and AC (2017) ensures lasting durability. The updated kitchen (2021) boasts modern finishes, and the remodeled guest bathroom (2022) adds a fresh touch.Outside, the spacious, shaded backyard offers plenty of room to enjoy the outdoors, with mature mango and avocado trees providing natural shade.
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| Sep 15, 2014 | Sold | ||
| Sold | |||
| Jul 22, 2014 | Listed by Realty Associates/Boca Raton | $218,000 | |
| Listed by Realty Associates/Boca Raton | |||
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About Delray Garden Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017