Welcome to this charming 3-bedroom, 2-bathroom single-story
residence located in Aspen Ridge, Delray Beach. Completely
remodeled and set on the water, this nearly 2,000 square-foot home
offers thoughtfully designed, comfortable living space all on one
level. Inside, wire-brushed wide plank oak flooring flows
throughout, paired with new skinny shaker cabinetry finished with
brushed gold hardware and plumbing fixtures. Quartz counters
complete the modern, move-in-ready kitchen and baths. The attached
2-car garage provides convenient parking and storage, while the
desirable Aspen Ridge community combines waterfront living with
practical amenities for everyday comfort and enjoyment. Quick
Facts: Roof (2026), NEW Impact Windows and Doors (2026), NEW
Kitchen w/ SS LG Appliances and Baths (2026), NEW Paint in and out
(2026), NEW impact Garage Door (2026), NEW flooring, base and case
throughout, NEW hardware, vent covers, all electrical and switch
plates replaced. New screen on patio enclosure (2026). New AC
(2026), and water heater (2020). DISCLAIMER: Information published
or otherwise provided by the listing company and its
representatives including but not limited to prices, measurements,
square footages, lot sizes, calculations, statistics, and videos
are deemed reliable but are not guaranteed and are subject to
errors, omissions or changes without notice. All such information
should be independently verified by any prospective purchaser or
seller. Parties should perform their own due diligence to verify
such information prior to a sale or listing. Listing company
expressly disclaims any warranty or representation regarding such
information. Listing Agent is related to Seller.
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.
A Gem in a Desirable Community & Location in Delray Beach Fl. This 3 BR 2 Bath Home sits on a corner Lot with Beautiful Lake Views. The Master Bedroom and Living Room have Sliders leading to the Screened Patio for your relaxing times. The Aspen Ridge Community is Pet Friendly & offers A Clubhouse with a Gym, Pool, Party Room and Tennis Courts with a small Community Charm. HOA includes Lawn Maintenance, Central Alarm, Hotwire Cable & Internet too.
Parking Features: Attached, Driveway, Garage, Garage Door Opener
Garage Spaces: 2
Open Parking Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Breakfast Bar, Cathedral Ceiling(s), Entrance Foyer, High Ceilings, Kitchen Island, Vaulted Ceiling(s), Walk-In Closet(s), BedroomOnMainLevel, DualSinks, FamilyDiningRoom, KitchenDiningCombo, LivingDiningRoom, MainLevelPrimary
Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Range, Refrigerator, Vented Exhaust Fan, Water Heater, Washer
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