47
Map
698 Jeffery Street
About This Property
Positioned east of Federal Highway on a corner lot, the property is part of the Boca Enclave community, an intimate collection of just ten architecturally striking residences, the property enjoys a premier East Boca Raton address, moments from the boutiques and fine dining of Downtown Boca and the vibrant energy of Delray Beach's Atlantic Avenue. Constructed entirely of CBS block and appointed with expansive large-format porcelain and wood flooring, soaring windows, and refined finishes throughout, this residence embodies the elegance, comfort, and sophistication of modern South Florida coastal living.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jan 29, 2026 | Sold | ||
| Sold | |||
| Jan 17, 2026 | In contract | - | |
| In contract | |||
| Jan 9, 2026 | Price Decreased |
$2,050,000
↓ $150K
(6.8%) | |
| Price Decreased | |||
| Dec 3, 2025 | Price Decreased |
$2,200,000
↓ $200K
(8.3%) | |
| Price Decreased | |||
| Nov 24, 2025 | Price Decreased |
$2,400,000
↓ $100K
(4%) | |
| Price Decreased | |||
Property Highlights
Building Info
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Price/ft²
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About Delray Manors
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017