7877 Lake Sands Drive
About This Property
HOA includes; Security gate, landscaping, roof, water, cable, exterior property insurance, security gate, community pool & clubhouse.
Close to shopping and everything Delray Bech has to offer!
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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 |
|---|---|---|---|
| Oct 7, 2024 | Sold | ||
| Sold | |||
| Apr 16, 2024 | Listed by CENTURY 21 Tenace Realty | $495,000 | |
| Listed by CENTURY 21 Tenace Realty | |||
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One of the largest villas in community! Recent remodeled. High impact double door entry, Accordion shutters. Gorgeous white, bright kitchen with opened wall. Kitchen Kraft cabinets. Glass backsplash, Quartz countertop, built in wine cooler, SS appliances. Newer LG W/D. More cabinets under the countertop in DR. Extra family room with beautiful triple bay windows. Luxury vinyl plank floors. Recently painted with custom colors. Lots of recessed lighting, custom window treatments. Custom Built in wall unit ($10,000) adds to storage space. Sunroom with A/C,(adds to sqft) with amazing lake views. No rear neighbors. New professional landscaping. Charming clubhouse, gym, card rooms, billiards and theater, tennis and pickleball.
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| Apr 8, 2022 | Sold | ||
| Sold | |||
| Feb 10, 2022 | Listed by Coldwell Banker Realty /Delray Beach | $389,000 | |
| Listed by Coldwell Banker Realty /Delray Beach | |||
| Apr 21, 2020 | Sold | ||
| Sold | |||
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About Emerald Pointe
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017