7048 Vivaldi Lane
About This Property
Large stone like tile set on diagonal throughout the living area of the home with designer inlays at foyer entry and dining room. Soaring ceilings with architectural details on walls. Gourmet kitchen with light wood 42''cabinets and granite countertops. Den has french doors leading into room with built in wall unit. Designer window treatments with accents and moldings. Fabulous outdoor area screened enclosed patio enhances the Florida living with private pool. Summer kitchen features bar area with sink, grill and refrigerator. Sun shades roll out to protect from direct sun. Come enjoy the elegant Florida Adult lifestyle at Vizcaya. The grand clubhouse has been renovated for your pleasure. Beautiful ballroom with dance floor for shows and parties. The main party room is inviting for all to play games or to watch a ball game or show. Card rooms for men and women, billiards and a state of the art fitness center with locker rooms with steam showers. The aquatic center is spacious for all to enjoy! Tennis anyone? 6 Har-tru tennis courts with viewing area, and Bocci Ball!
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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.
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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 |
|---|---|---|---|
| Oct 16, 2024 | Sold | ||
| Sold | |||
| Aug 30, 2024 | Listed by RE/MAX Services | $649,000 | |
| Listed by RE/MAX Services | |||
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This bright and spacious home features two primary suites, each with elegant, engineered wood floors. Primary bathrooms are designed with frameless glass showers, large soaking tubs, and dual sinks. The open floor plan and expansive living areas are enhanced by vaulted ceilings, creating a fantastic space for entertaining. Additionally, the home features a lovely, updated powder room.
The eat-in kitchen is well-equipped with 42'' cabinets, a separate cooktop, & newer stainless-steel appliances. French doors lead to a den/home office. Recent upgrades include a 1 ½ yr old A/C unit & a 1 yr old hot water heater. The backyard is ideal for outdoor living, featuring a heated pool, screened lanai, covered patio for TV viewing, bar area, and summer kitchen. Sunshades provide protection from... from direct sunlight. Large laundry room with plenty of extra storage. Living areas are appointed with large stone-like tiles arranged diagonally and designer inlays in the foyer and dining room. Designer window treatments and tasteful moldings further enhance the home's style. Accordion shutters for hurricane protection.
Welcome to Vizcaya, a vibrant 55+ community offering a wealth of activities to enrich your lifestyle. Residents enjoy resort-style amenities, including an Olympic-sized heated pool and spa, lighted tennis courts, a large fitness center, pickleball, and bocce. The community also offers a theater, art room, and card rooms. Well-Located in West Delray, close to the renowned downtown Delray Beach with its array of restaurants, shopping, and beautiful beaches. HOA fees cover high-speed internet, basic cable with HBO, lawn maintenance, and roof maintenance. Homes are painted every five years.
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| Nov 14, 2019 | Sold | ||
| Sold | |||
| May 7, 2019 | Listed by Century 21 Stein Posner | $409,000 | |
| Listed by Century 21 Stein Posner | |||
| Apr 12, 2010 | Sold | ||
| Sold | |||
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About Vizcaya
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017