848 Lilac 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.
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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 |
|---|---|---|---|
| Jan 7, 2019 | Sold | ||
| Sold | |||
| Sep 18, 2018 | Listed by Preferred Realty, Inc.. | $2,450,000 | |
| Listed by Preferred Realty, Inc.. | |||
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Motivated ESTATE Sale. Rare double-waterfront home on one of the most exclusive streets in the Boca/Delray area. On the private gated street of Lilac Drive on Walker's Isle, only 9 homes sit along the 300 foot wide intracoastal canal with room for a 100+ ft yacht out front and 50 feet of waterfront along the pool deck. This 5 bedroom, 6 bath home was completely remodeled in 2017, including all bathrooms, a gorgeous kitchen, an outdoor kitchen and bar, and a synthetic turf terrace looking long down the waterway. Every window is impact glass with soaring high ceilings. 10 minutes from Mizner Park and downtown Boca, 10 minutes from downtown Atlantic Avenue in Delray. Enjoy the breeze on Walker's Isle and bring your yacht if you have one!
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| Jan 10, 2017 | Sold | ||
| Sold | |||
| Mar 6, 2015 | Listed by One Sotheby's International Realty | $2,249,077 | |
| Listed by One Sotheby's International Realty | |||
Property Highlights
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Price/ft²
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About Tropic Isle South
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017