Welcome to the Delray Villas! This lovely 2 bedroom-2 bath boasts
an oversized lot with a semi-private backyard view. Other features
include a large kitchen with stainless steel appliances, pantry,
under cabinet lights & pullouts, and a windowed eat-in breakfast
nook. Additional highlights include extra AC unit in the primary
suite, solar panels, attached 1 car garage w/ 2 car driveway,
upgraded electrical panel, partial hurricane windows & generator.
full size washer/dryer Large landscaped lot. Active 55+ community
with amenities, such as a community pool, vibrant clubhouse, game
room, gym, tennis court, bocce ball court, and gazebo. Near both
major highways, restaurants, shopping, mall, airports, beaches, &
more. Come and see for yourself!
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.
Last updated: 12 days ago (Beaches MLS #B26069739)
Price History
Date / Event
Date
Event
Price
Sep 5, 2026
In contract
-
In contract
Aug 28, 2026
Listed by The Keyes Company
$274,999
Listed by The Keyes Company
Mar 3, 2026
Price Decreased
$287,000
↓ $20K
(6.5%)
Price Decreased
Aug 2, 2025
Relisted
$307,000
Relisted
Jul 31, 2025
In contract
-
In contract
Jun 19, 2025
Listed by Lindhaven Properties LLC
$307,000
Listed by Lindhaven Properties LLC
Best location! Low HOA! Beautiful entry door allows natural light.2 bedroom-2 bath w/ family room. Oversized master bedroom. Remodeled kitchen Stainless Steel Appliances, under cabinet lights & pullouts. Solar panels Glass shower doors both baths.,Tile thuout. Attached 1 car garage w/ 2 car driveway.Upgraded electrical panel. Partial Hurricane Windows & generator. solar panels . Wood blinds. Extra AC unit in master,Full size washer/dryer garage w/ auto opener. Extra storage shelves in garage Large landscaped lot. Active 55+ community w/ clubhouse near I-95, Fla tpk, Restaurants, shopping, mall, airports, houses of worship & beaches.Sold ''AS IS'' with Right to Inspect., Pls current FAR/BAR contract. CASH offers Proof of Funds-Financing-Letter from Verified Lender. All sizes are appr Please use current FAR/BAR contract. CASH offers must provide Proof of Funds-Financing-Letter from Verified Lender. All sizes are approximate.THERE IS A ONE TIME CAPITOL CONTRIBUTION OF $1680.AND A $300. APPLICATION FEE PER COUPLE PLUS $57 BACKROUND CHECK FEE.SEE ADDITIONAL ATTACHMENTS FOR ADDENDUMS AND HOA DOCSCOMMUNITY WEBSITE :WWW.DELRAYVILLAS45.COM
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