For SaleRisky Deal2 days on market
705 New York St
705 New York St, West Palm Beach, FL 33401, West Palm Beach, FL 33401
$1,195,000
Listing Price
705 New York St, West Palm Beach, FL 33401
Loc: West Palm Beach, FL
Days Listed
2
Tax Assessed
$704k
Lot Size
6,970 sqft
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
8
Palm Beach Public School
PK-5
1.2 mi away
4
Conniston Middle School
6-8
1.5 mi away
3
Forest Hill Community High School
9-12
3.2 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
ranch stylesingle storystucco exteriorpale greenresidentiallandscapedneat lawnconcrete drivewayhedgessuburbanmature treesbrightwell-maintainedtraditional
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.21%
Total ROI
93.9%
Cash Flow
$-12/mo
DSCR
1.00
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-12/mo net cash flow with a 6.2% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.2%)
- • Strong rental demand in West Palm Beach
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 |
|---|---|---|---|
| 2026-09-19 | Listed for sale | $1,195,000 | $590 |
| 2026-03-05 | Listing removed | $3,600 | $2 |
| 2026-03-03 | Listed for rent | $3,600 | $2 |
| 2025-11-03 | Listing removed | $3,600 | $2 |
| 2025-09-26 | Listed for rent | $3,600 | $2 |
| 2024-08-15 | Listing removed | $0 | – |
| 2024-08-07 | Price change | $3,600 | $2 |
| 2024-06-23 | Price change | $3,800 | $2 |
| 2024-04-03 | Listed for rent | $4,000 | $2 |
| 2023-09-04 | Listing removed | $0 | – |
| 2023-08-22 | Listed for rent | $4,000 | $2 |
| 2022-10-11 | Listing removed | $0 | – |
| 2022-09-21 | Price change | $3,500 | $2 |
| 2022-07-08 | Listed for rent | $4,000 | $2 |
| 2022-03-23 | Listing removed | $0 | – |
| 2022-03-14 | Listed for rent | $4,000 | $2 |
| 2020-04-06 | Sold | $400,000 | $198 |
| 2016-10-11 | Sold | $342,000 | $169 |
| 2016-02-03 | Sold | $240,000 | $119 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $14,578 | $686,909 |
| 2024 | $13,805 | $624,463 |
| 2023 | $13,254 | $567,694 |
| 2022 | $11,551 | $516,085 |
| 2021 | $10,594 | $469,168 |
| 2020 | $9,037.05 | $380,089 |
| 2019 | $8,165.17 | $345,535 |
| 2018 | $8,165.17 | $314,123 |
| 2017 | $7,092.61 | $288,330 |
| 2016 | $6,574.19 | $212,655 |
| 2015 | $5,428.69 | $193,323 |
| 2014 | $5,126.77 | $175,748 |
| 2013 | $3,979.26 | $159,771 |
| 2012 | $3,790.76 | $149,924 |
| 2011 | $4,018.59 | $158,542 |
| 2010 | $4,078.1 | $158,542 |
| 2009 | $5,137.16 | $210,177 |
| 2008 | $6,950.26 | $316,673 |
| 2007 | $7,565.88 | $354,540 |
| 2006 | $8,310.8 | $357,675 |
| 2005 | $0 | $242,619 |
| 2004 | $3,195.63 | $209,024 |
| 2003 | $106 | $166,384 |
| 2002 | $3,808.51 | $150,400 |
| 2001 | $3,001.3 | $115,452 |
| 2000 | $2,286.43 | $86,776 |
| 1999 | $1,984.93 | $79,681 |
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