5155 Cleveland Road
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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%.
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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.
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 21, 2025 | Sold | ||
| Sold | |||
| Nov 7, 2025 | In contract | - | |
| In contract | |||
| Oct 30, 2025 | Price Decreased |
$415,000
↓ $10K
(2.4%) | |
| Price Decreased | |||
| Oct 10, 2025 | Listed by Compass Florida LLC | $425,000 | |
| Listed by Compass Florida LLC | |||
| |||
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This charming 2-bedroom, 1-bath home sits on just under a 1/4-acre lot and offers a well-designed layout with plenty of natural light. Enjoy your morning coffee in the spacious Florida room, or make use of the additional flexible space that can serve perfectly as a den. Inside, you'll find an inviting kitchen and a dedicated laundry room for added convenience. The home is surrounded by an oversized front and backyardâ”ideal for entertaining, gardening, or simply relaxing. The backyard also includes a storage shed for extra space. Located just minutes from vibrant Downtown Atlantic Avenue, beautiful beaches, major roadways, and Delray Medical Center. A voluntary HOA of just $50/year helps maintain the community clubhouse, park, and pond. Video surveillance is being utilized.
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| Jun 2, 2023 | Sold | ||
| Sold | |||
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About Country Club Acres
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017