Cays Realty
1020 Silk Oak Terrace 102, Delray Beach, FL 33445 — MLS photo

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1020 Silk Oak Terrace 102, Delray Beach, FL 33445

Active · Condominium

$125,000

1020 Silk Oak Terrace 102, Delray Beach, FL 33445

Beds
2
Baths
2
Living area
1,167 sq ft
$ / sq ft
$107/sq ft
Year built
1975
Lot size
—
HOA fee
$623 Monthly
Annual tax
$776

About this property

The Pines of Delray is an active Clubhouse Community that has Newer Roofs! The apartment features 2 full Baths Redone in Tasteful Tones (Master in HGTV style) See Photos! ... Enjoy an easy access 1st floor unit with the following updates: Refrigerator, Bosch Dishwasher, Microwave, Plantation Shutters & Crown Moldings. .. Your Parking Space is at your Front Door and many Additional Guest Spots for a second car! .. A short walk to the 2nd community pool. ... The Club House features: EXTRA large Heated Pool, Stage, Dance floor, Meeting room, Pool Table/Billiards, An Exercise Room, Tennis & Pickleball Courts, 4 Shuffleboard Courts Etc. ... The Condo Fee includes Hi-Speed Wi-Fi, Cable TV, HBO, Water and Healthy Reserves of about 15% included in maintenance fee! Fast HOA approval-Extra Fee!

Property location

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1020 Silk Oak Terrace 102, Delray Beach, FL 33445

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,167 sq ft
Flooring
Carpet, Ceramic Tile, Tile
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
Cooling
Central Air, Ceiling Fans, Electric
Heating
Central, Electric
Interior features
Bedroom On Main Level, Breakfast Area, Entrance Foyer, Living Dining Room, Main Level Primary, Main Living Area Entry Level, Split Bedrooms, Shower Only, Walk In Closets, Pantry
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
1975
Stories
2
Lot size
0 sq ft
Architectural style
Garden Apartment, One Story
Roof
Composition, Shingle
Construction
CBSConcrete Block Structure, Block
Exterior features
None, Patio, Shutters Electric, Storm Security Shutters
Pool
None, Association, Community, Heated
View
Garden, Other, Water

Parking

Covered spaces
0
Parking features
Assigned, Guest, Open, Two Or More Spaces

HOA, Community & Financials

Association fee
$623 Monthly
Fee inclusions
Association Management, Common Area Maintenance, Cable Tv, Insurance, Internet, Legal Accounting, Parking, Pools, Recreation Facilities, Reserve Fund, Roof, Sewer, Trash, Water
Association
Seacrest Services
Association contact
561-276-3539
Amenities
Billiard Room, Clubhouse, Fitness Center, Management, Maintenance, Pool, Shuffleboard Court
Security
Smoke Detectors
Pets allowed
No
Annual tax
$776
Subdivision
PINES OF DELRAY CONDO
County
Palm Beach
Days on market
211
MLS listing ID
B26000179
Listing status
Active

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Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

$819

Cap rate
13.6%
Net yield
13.6%
Cash-on-cash return
28.1%
Gross yield
23.5%
Mortgage payment
$593/mo
Down payment
$31,250
Loan amount
$93,750
Annual NOI
$16,943

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.