815 Bamboo Lane
About This Property
With approx 90 feet of water frontage on the 50 feet wide canal it will accommodate up to 40 feet boat.
Only 10 min from the ocean Inlet this home boasts open floor plan with vaulted ceiling.
Great for entertainment with several french doors that lead out to the pool patio.
Renovations include: brand new roof, entire kitchen, wood floors, baseboards throughout, new entry door, new sink in the master bath, wainscoting in the second bedroom, security system, tinted windows for privacy.
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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 |
|---|---|---|---|
| Mar 11, 2025 | Price Increased |
$2,800,000
↑ $300K
(12%) | |
| Price Increased | |||
| Feb 24, 2025 | Listed | $2,500,000 | |
| Listed | |||
| | |||
|
This is the waterfront home you've been waiting for, step into luxury living with your new stunning waterfront paradise in Delray Beach, offering the perfect blend of coastal luxury and modern comfort. Located on a tranquil canal with direct ocean access, this residence is just moments from the beach and renowned shops and restaurants of Atlantic Avenue Your new home is located two houses from the main Intracoastal waterway, with two boat lifts, no fixed bridges, and no HOA, with 90 feet of water frontage, this home is a boater's oasis This stunning home offers split floor plan, 3 beds, 2 baths, plus a den/4th bedroom, single-story home that is ''better than new construction'' with extensive renovations from top to bottom, soaring 14 ft ceilings, and a floor plan perfect for entertaining.
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| Nov 14, 2014 | Sold | ||
| Sold | |||
| Aug 25, 2014 | Listed by One Sotheby's International Realty | $749,000 | |
| Listed by One Sotheby's International Realty | |||
| Jun 19, 2007 | Sold | ||
| Sold | |||
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About Boynton Beach
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$10,000 /mo
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One Sotheby's International Realty
Last Updated: 9 months ago
Data Source: Beaches MLS, MLS# R10067554
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