95
Map
8830 New River Falls Road
About This Property
LOTUS OFFERS CONTEMPORARY LUXURY LIVING! HERE IS YOUR OPPORTUNITY TO HAVE COUNTRY CLUB LIVING W/OUT THE COUNTRY CLUB FEES. EXPERIENCE THE TREMENDOUS LIFESTYLE AND ENJOY ALL THE AMENITIES THAT LOTUS HAS TO OFFER! BEAUTIFUL 26,000 SQUARE FOOT CLUBHOUSE INCLUDING A DECORATED EVENT ROOM W/ A BAR FOR RESIDENTS TO RELAX & ENJOY, STATE OF THE ART FITNESS CENTER, EXERCISE STUDIO, INDOOR SPORTS COURT, LOCKER ROOMS W/ SHOWERS, CARD ROOM, GAME ROOM, & PLAY ROOM. SITE AMENITIES INCLUDE AN OUTDOOR RESTAURANT W/ BAR, HEATED RESORT STYLE BEACH ENTRY POOL, WHIRLPOOL, LAP POOL, POOLSIDE CABANA AND BATHS, WATERPARK, SHADED PLAYGROUND, OUTDOOR BASKETBALL COURT, 8 LIGHTED CLAY TENNIS COURTS , 1 HARD COURT, & 6 PICKLEBALL COURTS W/ AN ONSITE PRO! THERE IS ALSO A SOCIAL DIRECTOR MANAGING SOCIAL CLUBS & ORGANIZATIONS.
LOTUS IS ZONED FOR A RATED SCHOOLS! MINUTES FROM DELRAY MARKETPLACE, DOWNTOWN DELRAY, BEACHES, RESTAURANTS, & PARKWAYS!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 1, 2025 | Sold | ||
| Sold | |||
| May 31, 2025 | In contract | - | |
| In contract | |||
| Apr 29, 2025 | Price Decreased |
$2,395,000
↓ $45K
(1.8%) | |
| Price Decreased | |||
| Mar 18, 2025 | Price Decreased |
$2,440,000
↓ $50K
(2%) | |
| Price Decreased | |||
| Jan 3, 2025 | Listed by RE/MAX Direct | $2,490,000 | |
| Listed by RE/MAX Direct | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017