719 Sunshine Drive
About This Property
High ceilings create a light and airy feel throughout the home, with 6-panel pocketing 10' sliders bringing the outside Florida sunshine in. The expansive living area offers ample space for everyone to relax and connect. The home boasts four bedrooms, each with its own designer-appointed private bath. A dedicated private office can easily be used as a fifth bedroom, offering ultimate flexibility. The split floor plan ensures privacy for everyone. The primary suite is a haven, featuring two large walk-in closets and private access to the lanai and pool through sliding glass doors. Open and spacious, the beautiful chef's kitchen provides top-of-the-line appliances, ample custom cabinetry, and a large island, perfect for entertaining. Take a dip in your sparkling saltwater pool, unwind on the lanai, or entertain in the covered summer kitchen in your private oasis.
This home is the perfect blend of elegance and functionality, ideal for entertaining or simply soaking up the Delray Beach sun on Sunshine Drive.
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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 |
|---|---|---|---|
| Jul 5, 2024 | Sold | ||
| Sold | |||
| Apr 17, 2024 | Listed by Posh Properties | $3,499,000 | |
| Listed by Posh Properties | |||
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About Lake Ida Shores
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017