$450,000
●
House -
Off Market
7289 Serrano Terrace
Delray Beach, FL 33446
4 Beds
3 Baths
2,517 Ft²
$702,462
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model
About This Property
Beautiful 4 bedroom 3 bath home in Monterey Estates located in the
heart of Delray beach. Prime location!!! Features include:
Beautiful remodeled 3 car garage, wood floors on 1st floor, pool,
large backyard with a lake view, island kitchen with custom wood
cabinets and granite counter tops.
Unit Size
2,517 Ft²
Days on Market
98 days
Land Size
0.20 acres
Price per sqft
$191
Property Type
House
Property Taxes
$578
HOA Dues
$325
Year Built
2004
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 months ago (Beaches MLS #R10539564)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 4, 2024 | Sold | ||
| Sold | |||
| May 25, 2024 | Listed by Exit Realty Premier Elite | $975,000 | |
| Listed by Exit Realty Premier Elite | |||
| | |||
|
Welcome to your immaculate oasis in the heart of Delray Beach in the serene boutique neighborhood of Monterey Estates! This stunning 4-bedroom, 3-bathroom residence nestled on a corner estate lot offers the epitome of modern living. As you enter, you're greeted by a beautiful wrought iron banister stairway complemented by oak accents, leading to the upper level where serenity awaits in each spacious bedroom plus a loft. The kitchen is adorned with quartzite countertops that exude sophistication and durability, perfectly paired with a marble backsplash that adds a timeless charm. Whether you're a culinary enthusiast or an occasional cook, this kitchen is sure to inspire creativity and delight. Entertain effortlessly in these living areas, where natural light shines through large windows.
| |||
| Nov 15, 2019 | Sold | ||
| Sold | |||
| Jun 17, 2019 | Listed by Preferred Properties of S FL | $479,900 | |
| Listed by Preferred Properties of S FL | |||
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Bethesda
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Listed by: Mallory A. McCabe
Preferred Properties of S FL
Last Updated: 3 months ago
Data Source: Beaches MLS, MLS# R10539564
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
Preferred Properties of S FL
Last Updated: 3 months ago
Data Source: Beaches MLS, MLS# R10539564
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