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7815 Great Glen Circle
About This Property
Offering 3 bedrooms and 2 bathrooms, the residence delivers a spacious, naturally bright layout enhanced by thoughtful upgrades and a strong structural foundation.
The home benefits from extensive upgrades including a brand-new roof (2025), a renovated kitchen (2020) with a new refrigerator (2025), and an air conditioner replaced just two years ago.
The former screened porch has been fully enclosed and outfitted with window air units, adding approximately 270 square feet of additional under-air living space-perfect for a sunroom, studio, or flexible bonus area. There remains an inviting opportunity to infuse your own style through cosmetic updates ideal for buyer looking personalize a well-maintained property without tackling major projects.
Step outside to a paved open patio where tranquil lake views set the tone for peaceful mornings and relaxing evenings. Accordion shutters on the front and side windows add peace of mind for storm protection.
Newport Cove is a pet-friendly, meticulously kept community offering a lifestyle rich with amenities: a clubhouse, fitness center, community room, pickleball courts, swimming pool, and tennis courts.
Located just moments from the shops, dining, and entertainment of Delray Marketplaceand a short drive to Atlantic Avenue and Delray's renowned beachesthe home also provides convenient access to both the Florida Turnpike and I-95, as well as PBIA and FLL airports. With sparkling lake views, soaring ceilings, solid upgrades, and an unbeatable Delray Beach location, this home is ready for its next chapter.
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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.
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About Palm Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017