8121 Desmond Drive
About This Property
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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%.
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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 |
|---|---|---|---|
| Dec 8, 2025 | Sold | ||
| Sold | |||
| Nov 7, 2025 | In contract | - | |
| In contract | |||
| Oct 10, 2025 | Price Decreased |
$699,000
↓ $26K
(3.6%) | |
| Price Decreased | |||
| Aug 7, 2025 | Listed by Compass Florida LLC | $725,000 | |
| Listed by Compass Florida LLC | |||
   | |||
|
This beautifully upgraded home features a bright, open floor plan with marble flooring and abundant natural light. The stunning kitchen serves as the centerpiece of the home with bar seating, ample storage, and an easy flow for entertaining. Two spacious living areas enjoy sliding doors that fill the rooms with light and invite you outdoors. The primary suite offers serene views of the pool and lake, with sliding doors that create a seamless indoor-outdoor living experience. Its spa-like bath includes a soaking tub and upgraded finishes. Step outside to your private retreat, where a spacious covered patio, pool, and spa overlook the tranquil lake — the perfect setting for year-round outdoor living. Additional highlights include a cabana bath, large pantry, recessed lighting, and a 2.5-car garage.
Located in the desirable Aberdeen Country Club, membership is required, offering world-class amenities and a vibrant community lifestyle.
| |||
| Apr 3, 2015 | Sold | ||
| Sold | |||
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About Aberdeen
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Lang Realty/Delray Beach
Last Updated: 5 months ago
Data Source: Beaches MLS, MLS# R10022028
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