For SaleNeutral Deal6 days on market
6585 Somerset Drive #102
6585 Somerset Drive #102, Boca Raton, FL 33433, Boca Raton, FL 33433
$275,000
Estimate®:$263,700
Listing Price
6585 Somerset Drive #102, Boca Raton, FL 33433
Loc: Boca Raton, FL
Days Listed
6
Tax Assessed
$230k
Estimate®
$264k
Market Rate
Rent Estimate
$2,296/mo
Est. Cash Flow base
Type
condo
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.
9
Verde K-8
PK-8
2.9 mi away
8
Spanish River Community High School
PK,6-12
3.2 mi away
9
Omni Middle School
6-8
3.3 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 conceptmodern kitchengranite countertopsdark wood cabinetrystainless steel appliancesbreakfast bararchwaytransitional styleniche shelvingtile flooringinterior viewresidential property
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.24%
Total ROI
94.5%
Cash Flow
$3/mo
DSCR
1.00
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $3/mo net cash flow with a 6.2% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.2%)
- • Strong rental demand in Boca Raton
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 |
|---|---|---|---|
| 2026-09-18 | Listed for sale | $275,000 | $289 |
| 2025-09-26 | Listing removed | $290,000 | $305 |
| 2025-09-09 | Listed for sale | $290,000 | $305 |
| 2025-08-15 | Listed for rent | $2,200 | $2 |
| 2018-06-30 | Listing removed | $1,400 | $1 |
| 2018-06-27 | Listed for rent | $1,400 | $1 |
| 2018-06-22 | Sold | $166,000 | $175 |
| 2018-05-24 | Listed for sale | $170,000 | $179 |
| 2016-04-13 | Listing removed | $1,350 | $1 |
| 2016-02-20 | Listed for rent | $1,350 | $1 |
| 2015-03-02 | Listing removed | $1,325 | $1 |
| 2015-02-12 | Price change | $1,325 | $1 |
| 2015-01-24 | Listed for rent | $1,400 | $1 |
| 2004-12-22 | Sold | $158,000 | $166 |
| 2003-04-23 | Sold | $115,000 | $121 |
| 1997-03-27 | Sold | $48,000 | $51 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $4,000 | $204,974 |
| 2024 | $3,662 | $186,340 |
| 2023 | $3,497 | $169,400 |
| 2022 | $3,174 | $154,000 |
| 2021 | $2,832 | $140,000 |
| 2020 | $2,754.73 | $136,000 |
| 2019 | $2,697.15 | $131,000 |
| 2018 | $2,697.15 | $123,500 |
| 2017 | $2,434.31 | $114,000 |
| 2016 | $2,267.74 | $96,800 |
| 2015 | $2,168.84 | $88,000 |
| 2014 | $1,834.46 | $80,000 |
| 2013 | $859.25 | $65,088 |
| 2012 | $849.57 | $64,000 |
| 2011 | $866.31 | $64,000 |
| 2010 | $887.6 | $67,000 |
| 2009 | $1,012.05 | $80,000 |
| 2008 | $1,549.89 | $115,500 |
| 2007 | $2,023.17 | $129,857 |
| 2006 | $2,117.18 | $126,690 |
| 2005 | $0 | $123,000 |
| 2004 | $819.79 | $99,000 |
| 2003 | $157.3 | $85,000 |
| 2002 | $1,586.47 | $70,000 |
| 2001 | $1,265.68 | $55,000 |
| 2000 | $1,191.34 | $52,000 |
| 1999 | $1,020.59 | $50,000 |
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