SOLDAverage Deal7 days on market

2150 Massachusetts

2150 Massachusetts, Lanark Village, FL 32323, Lanark Village, FL 32323
$250,000
Zestimate®:$248,400

Listing Price

Property image 1
2150 Massachusetts, Lanark Village, FL 32323
Loc: Lanark Village, FL
Days Listed
7
Tax Assessed
$116k
Zestimate®
$248k
Market Rate
Lot Size
6,255 sqft
Rent Estimate
$1,997/mo
Est. Cash Flow base
Type
single family

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.

2

Franklin County Schools Pk-12

PK-12
14.4 mi away
N/A

Franklin Virtual Instruction Program

K-12
18.3 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
Average
Confidence Score: 6.5/10
Exercise caution due to potential market volatility.
Cap Rate
7.59%
Total ROI
27.6%
Cash Flow
$317/mo
DSCR
1.25
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Data provided by Haven AI. Disclaimer

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Haven AI

The property at 2150 Massachusetts presents a respectable gross yield of 7.59%, yet the monthly cash flow of $316.82 offers a narrow safety margin for a coastal Florida investment. While the $250,000 entry point is accessible for a 3-bedroom single-family home, investors must account for escalating property insurance premiums and flood zone requirements inherent to Lanark Village. The projected 4% appreciation provides a solid long-term equity outlook, but the immediate cash flow is susceptible to being neutralized by a single major repair or vacancy. Conservatively, this asset is a stable hold but requires disciplined capital reserves to offset the inherent geographic risks and thin net operating income.

Strengths
  • Attractive entry-level price point for a 3-bedroom configuration
  • Strong gross rental yield exceeding 7.5%
  • Steady projected 4% annual appreciation
Considerations
  • Narrow cash flow margin of $316.82 leaves little room for unexpected Capex
  • High vulnerability to rising Florida insurance rates and hurricane risk
  • Location specific maintenance costs associated with coastal salt-air exposure
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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-04-07Listed for sale$250,000$192
2013-07-19Sold$31,000$24

Tax History

YearProperty TaxTax Assessment
2024$996.64$89,023
2023$938.63$80,930
2022$866.59$73,573
2021$803.38$66,885
2020$719.18$59,577
2019$719.18$62,796
2018$730.78$59,662
2017$777.81$59,662
2016$777.81$62,273
2015$800.71$56,273
2014$769.03$58,579
2013$0$54,885
2012$0$119,444
2011$0$150,750
2010$0$162,055
2009$0$179,361
2008$0$248,935
2007$0$154,820
2006$0$301,088
2005$0$146,645
2004$0$142,374
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
2
Sq Ft
1,300
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: $250,000Rent Basis: Observed Comp Model ($1,997/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $150/mo
Haven ScoreRisky
2/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
6.20%

NOI: $15,512/yr

Cash-on-Cash Yield
-0.1%

On $57,500 invested

DSCR Ratio
1.00x

Tight qualification

5-Yr Leveraged ROI
+93.7%

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)-$95/mo
Homeowner / Hazard Insurance-$150/mo
Vacancy Reserve (5% of rent)-$100/mo
Repairs & Maintenance (10% of rent)-$200/mo
Property Management (8% of rent)-$160/mo
Total Pure Operating Expenses-$704/mo
Net Investor Cash Flow
Gross Scheduled Rent+$1,997/mo
Less: Operating Expenses-$704/mo
Net Operating Income (NOI)+$1,293/mo
Less: Debt Service (30yr @ 6.75%)-$1,297/mo
Net Cash Flow
$-5/mo
$-54/year
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