5284 Cleveland Road
About This Property
Major updates include a 2017 roof and a 2022 AC. Plus, NO HOA, yet the subdivision offers fantastic amenities: a fishing pond, playground, basketball court, small soccer field, and clubhouse for events. Ideal for short-term rentals, this home is conveniently located near shopping, dining, and just 12-13 minutes from Downtown Delray!
I have architectural plans on converting the Porch into a 3rd bedroom.
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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 8, 2025 | Sold | ||
| Sold | |||
| Apr 11, 2025 | In contract | - | |
| In contract | |||
| Mar 28, 2025 | Listed by Beachfront Properties Real Estate LLC | $450,000 | |
| Listed by Beachfront Properties Real Estate LLC | |||
| | |||
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Phenomenal opportunity! This beautifully renovated home features a long driveway with additional parking for at least 7 vehicles, a peaceful screened-in front patio, and a private deck off the master bedroom. Inside, enjoy high vaulted ceilings with recessed lighting and a modern touch throughout. The manicured lawn is complemented by pavers on both sides of the home and in half of the backyard, perfect for entertaining. The outdoor space includes a firepit area, above-ground pool, and a secondary kitchen with a sink and mini fridge. For privacy, the property is enclosed with white fencing, and double gate in the back to drive your golf cart!Major updates include a 2017 roof and a 2022 AC. Plus, NO HOA, yet the subdivision offers fantastic amenities: a fishing pond, playground,
| |||
| Jul 13, 2023 | Sold | ||
| Sold | |||
| Jun 17, 2023 | Listed by Beachfront Properties Real Estate LLC | $375,000 | |
| Listed by Beachfront Properties Real Estate LLC | |||
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About Country Club Acres
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Beachfront Properties Real Estate LLC
Last Updated: 10 months ago
Data Source: Beaches MLS, MLS# R11076199
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017