SOLDExcellent Deal4 days on market

27 Abbey Lane #307

27 Abbey Lane #307, Delray Beach, FL 33446, Delray Beach, FL 33446
$146,000
Zestimate®:$120,900

Listing Price

Property image 1
27 Abbey Lane #307, Delray Beach, FL 33446
Loc: Delray Beach, FL
Days Listed
4
Tax Assessed
$153k
Zestimate®
$121k
Market Rate
Lot Size
31.03 acres
Rent Estimate
$1,803/mo
Est. Cash Flow base
Type
condo

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

5

Hagen Road Elementary School

PK-5
4.2 mi away
3

Carver Middle School

6-8
2.4 mi away
8

Spanish River Community High School

6-12
4.1 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
11.26%
Total ROI
45.9%
Cash Flow
$631/mo
DSCR
1.86
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Checking Access...

Haven AI

Analyzing property data...

Checking Access...

10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-03-26Pending sale$155,000$154
2026-03-04Listed for sale$155,000$154
2019-01-02Sold$99,000$98
2018-10-09Listed for sale$109,999$109
2007-09-05Sold$90,000$89
2005-05-03Sold$120,000$119

Tax History

YearProperty TaxTax Assessment
2024$2,401$118,459
2023$2,308$107,690
2022$2,034$97,900
2021$1,776$89,000
2020$1,753.77$85,800
2019$1,613.37$78,000
2018$1,613.37$36,044
2017$333.65$35,303
2016$316.82$34,577
2015$312.32$34,337
2014$391.02$34,064
2013$378.06$33,561
2012$357.64$33,000
2011$360.89$33,000
2010$552.99$43,000
2009$562.42$45,000
2008$627.23$54,212
2007$1,869.79$102,000
2006$2,123.56$107,950
2005$0$81,000
2004$664.07$64,000
2003$136.05$51,600
2002$789.93$33,300
2001$797.7$33,300
2000$786.47$33,300
1999$649.74$33,300
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
2
Baths
2
Sq Ft
1,006
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $146,000Rent Basis: Observed Comp Model ($1,803/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $150/mo
Haven ScoreExcellent
10/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
9.15%

NOI: $13,360/yr

Cash-on-Cash Yield
12.7%

On $33,580 invested

DSCR Ratio
1.47x

Prime loan qualification

5-Yr Leveraged ROI
+157.8%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.98% of basis)-$125/mo
Homeowner / Hazard Insurance-$150/mo
Vacancy Reserve (5% of rent)-$90/mo
Repairs & Maintenance (10% of rent)-$180/mo
Property Management (8% of rent)-$144/mo
Total Pure Operating Expenses-$690/mo
Net Investor Cash Flow
Gross Scheduled Rent+$1,803/mo
Less: Operating Expenses-$690/mo
Net Operating Income (NOI)+$1,113/mo
Less: Debt Service (30yr @ 6.75%)-$758/mo
Net Cash Flow
$356/mo
$4,270/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

Similar Properties Nearby

Explore other investment opportunities in Delray Beach.