For SaleRisky Deal1 days on market
2895 FARRAGUT Lane
2895 FARRAGUT Lane, West Palm Beach, FL 33409, West Palm Beach, FL 33409
$585,000
Estimate®:$575,400
Listing Price
2895 FARRAGUT Lane, West Palm Beach, FL 33409
Loc: West Palm Beach, FL
Days Listed
1
Tax Assessed
$253k
Estimate®
$575k
Market Rate
Lot Size
6,289 sqft
Rent Estimate
$2,902/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.
5
Seminole Trails Elementary School
PK-5
1.1 mi away
5
Bear Lakes Middle School
6-8
0.8 mi away
2
Palm Beach Lakes High School
9-12
0.9 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
open floor planvaulted ceilingsranch stylemodern aesthetichardwood floorskitchen islandpendant lightingsliding glass doorsindoor outdoor flowcontemporaryspaciousneutral palettebright and airyresidential home
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.27%
Total ROI
30.0%
Cash Flow
$-1,440/mo
DSCR
0.53
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,440/mo net cash flow with a 3.3% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in West Palm Beach, FL
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-08-19 | Listed for sale | $585,000 | $301 |
| 2021-10-18 | Sold | $442,000 | $227 |
| 2019-10-01 | Sold | $369,900 | $190 |
| 2019-08-15 | Listed for sale | $378,000 | $194 |
| 2017-10-06 | Sold | $319,700 | $164 |
| 2017-09-13 | Pending sale | $319,700 | $164 |
| 2017-08-17 | Listed for sale | $319,700 | $164 |
| 2017-03-22 | Sold | $205,000 | $105 |
| 2017-02-24 | Pending sale | $237,630 | $122 |
| 2016-12-14 | Listed for sale | $237,630 | $122 |
| 2000-07-05 | Sold | $167,000 | $86 |
| 1995-09-07 | Sold | $130,000 | $67 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $4,735 | $246,617 |
| 2024 | $4,573 | $239,667 |
| 2023 | $4,444 | $232,686 |
| 2022 | $4,353 | $225,909 |
| 2021 | $5,356 | $267,777 |
| 2020 | $5,300.82 | $264,080 |
| 2019 | $5,061.16 | $250,470 |
| 2018 | $5,061.16 | $245,386 |
| 2017 | $5,665.97 | $225,386 |
| 2016 | $5,259.23 | $210,386 |
| 2015 | $5,014.99 | $196,225 |
| 2014 | $4,437.79 | $178,386 |
| 2013 | $2,935.15 | $155,386 |
| 2012 | $2,970.43 | $155,386 |
| 2011 | $3,247.38 | $166,103 |
| 2010 | $3,231.31 | $164,241 |
| 2009 | $3,032.78 | $159,923 |
| 2008 | $2,758.42 | $159,763 |
| 2007 | $2,910.06 | $155,110 |
| 2006 | $3,082.98 | $151,327 |
| 2005 | $0 | $146,919 |
| 2004 | $1,798.52 | $142,640 |
| 2003 | $198.78 | $139,980 |
| 2002 | $3,112.72 | $136,699 |
| 2001 | $3,097.1 | $134,546 |
| 2000 | $2,689.41 | $117,639 |
| 1999 | $2,230.68 | $114,546 |
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