5151 Ventura 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 |
|---|---|---|---|
| Jun 25, 2025 | Sold | ||
| Sold | |||
| May 21, 2025 | In contract | - | |
| In contract | |||
| May 2, 2025 | Listed by Compass Florida LLC | $700,000 | |
| Listed by Compass Florida LLC | |||
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Tenant Occupied until June 18th 2025. Discover this beautiful 3-bed 2-bath single family home in Delray Beach's desirable GATED community of Ventura. Features include plantation shutters, quartz counters, NEW 2025 AC, and tasteful details. This furnished, turnkey residence boasts an extended lanai with pavers, a remote-controlled retractable awning, upgraded landscaping, and a phenomenal backyard overlooking a private canal. Ventura is situated in central Delray Beach, bordering Boca Raton and is zoned for prestigious Omni Middle School and Spanish River High School. The community itself is an unmanned gated community, providing residents with a sense of security and peace of mind. Residents enjoy a fitness center, pool, clubhouse, tennis court, and sidewalks.
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| Jun 20, 2024 | Sold | ||
| Sold | |||
| May 24, 2024 | Listed by RE/MAX Select Group | $607,000 | |
| Listed by RE/MAX Select Group | |||
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About Ventura
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017