Cays Realty
115 Highland Lane, Delray Beach, FL 33444 — MLS photo

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115 Highland Lane, Delray Beach, FL 33444

Active · SingleFamilyResidence

$1,199,000

115 Highland Lane, Delray Beach, FL 33444

Beds
2
Baths
1
Living area
1,153 sq ft
$ / sq ft
$1,040/sq ft
Year built
1953
Lot size
7,801 sq ft
HOA fee
—
Annual tax
$14,694

About this property

Quaint East Delray cottage situated on a generous lot tucked in the highland lane enclave, just moments from the direct corridor to Downtown Delray & the beach. This home is completely renovated with all impact glass, newer kitchen & bathroom, all new electrical & plumbing including the cast iron line. There is a charming front porch, a fireplace & room for a pool/expansion of the home. Meticulous care & detail went into this special home. A very desirable location lends tranquility & a close to town location gives you the lifestyle you will love! This is a rare opportunity. Roof is approx 10 years. AC, WD & Water heater all are newer.

Property location

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115 Highland Lane, Delray Beach, FL 33444

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Facts & features

Interior

Bedrooms
2
Bathrooms
1
Living area
1,153 sq ft
Flooring
Vinyl
Appliances
Dryer, Dishwasher, Electric Water Heater, Microwave, Refrigerator
Cooling
Central Air
Heating
Central, Electric
Interior features
Kitchen Dining Combo, Main Living Area Entry Level, Stacked Bedrooms, Tub Shower
Furnished
Negotiable

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1953
Stories
1
Lot size
7,801 sq ft
Architectural style
Ranch, One Story
Roof
Composition, Shingle
Construction
CBSConcrete Block Structure, Block
Exterior features
Lighting, Patio, Room For Pool
Pool
None
View
Garden

Parking

Garage spaces
1
Covered spaces
1
Parking features
Attached, Circular Driveway, Driveway, Garage, One Space, Garage Door Opener

HOA, Community & Financials

Pets allowed
No
Annual tax
$14,694
Subdivision
BONNIECREST SUB
County
Palm Beach
Days on market
153
MLS listing ID
B26031925
Listing status
Active

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Yield & ROI calculator

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

Estimated monthly cash flow

-$2,772

Cap rate
2.9%
Net yield
2.9%
Cash-on-cash return
-9.9%
Gross yield
5.4%
Mortgage payment
$5,684/mo
Down payment
$299,750
Loan amount
$899,250
Annual NOI
$34,941

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