$425,000
●
House -
Off Market
7908 Montecito Place
Delray Beach, FL 33446
4 Beds
4 Baths
3,075 Ft²
$794,185
RealtyHop Estimate
51.27%
Since Oct 1, 2018
National-US
Primary Model
About This Property
Sports Membership home in Platinum rated Addison Reserve Country
Club. Newly Renovated Custom Contemporary Style. 4BR/4BA w/3065 SF
under air; Great Room w/Combination Living Room & Dinning
Room/Designer Window Treatments; Open & Bright w/24'' Hi-Gloss
Marble Floors; Stainless/Marble/Quarts/Eat-In Kitchen w/New Open
View of Great Room/Pull-Out Cabinetry; Plantation Shutters
Throughout; Master Suite w/Custom Closet Systems/Plantation
Shutters; Master Marble & Quartz Bath w/New Dual Sinks/Separate
Tub/Separate Shower/Quartz Countertops; Heated Pool w/Spa/Large
Patio; Private View; On Cul-D-Sac. All Ready to Move Right In!y
Club.
Unit Size
3,075 Ft²
Days on Market
386 days
Land Size
-
Price per sqft
$171
Property Type
House
Property Taxes
$656
HOA Dues
$909
Year Built
2002
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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 #R10360749)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 15, 2024 | Sold | ||
| Sold | |||
| Nov 15, 2023 | Listed by Lang Realty/ BR | $1,375,000 | |
| Listed by Lang Realty/ BR | |||
| | |||
|
This unique renovated home is set in a contemporary design with 4 bedrooms 4 baths and 3,075 square feet under air. This ''Great Room'' design home features 24'' marble floors set on the diagonal, crown molding , new wall finishes, custom hurricane impact doors & accordion shutters custom kitchen with 42'' cabinets all Quartz counters, water filtration system, new S/S, appliances including washer/dryer, 8'' base board thru out. The Master Suite has a sitting area, large walk in fitted closets, master bath features a separate whirlpool spa and shower. The large deck has a heated spa and pool, surrounded by all new landscaping and light fixtures. You're going to love this home. Sport Membership Home. (Effective 12/18/23, the seller is now is #1 on GOLF list) Call me for your private showing
| |||
| Jun 5, 2020 | Sold | ||
| Sold | |||
| Jan 22, 2020 | Listed by Berkshire Hathaway Florida Realty | $545,000 | |
| Listed by Berkshire Hathaway Florida Realty | |||
| Sep 12, 2018 | Sold | ||
| Sold | |||
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Addison Reserve
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Listed by: Lawrence M Gross
Berkshire Hathaway Florida Realty
Last Updated: 3 months ago
Data Source: Beaches MLS, MLS# R10360749
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.
Berkshire Hathaway Florida Realty
Last Updated: 3 months ago
Data Source: Beaches MLS, MLS# R10360749
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