For SaleNeutral Deal21 days on market
5088 2nd Rd
5088 2nd Rd, Lake Worth, FL 33467, Lake Worth, FL 33467
$549,900
Estimate®:$540,000
Listing Price
5088 2nd Rd, Lake Worth, FL 33467
Loc: Lake Worth, FL
Days Listed
21
Tax Assessed
$410k
Estimate®
$540k
Market Rate
Lot Size
0.54 acres
Rent Estimate
$4,565/mo
Est. Cash Flow base
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.
9
Coral Reef Elementary School
PK-5
1.2 mi away
6
Woodlands Middle School
6-8
1.5 mi away
5
Dr. Joaquin Garcia High School
9-12
1.5 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
ranchsingle-storystucco exteriortropical landscapingpalm treesawning-covered windowsdrivewayresidentialsuburbanmodestlow-pitched roofsunnywood fence
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.34%
Total ROI
96.7%
Cash Flow
$52/mo
DSCR
1.02
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $52/mo net cash flow with a 6.3% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.3%)
- • Strong rental demand in Lake Worth
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 |
|---|---|---|---|
| 2026-09-10 | Price change | $549,900 | $350 |
| 2026-09-08 | Price change | $569,900 | $363 |
| 2026-09-02 | Listed for sale | $589,900 | $375 |
| 2020-12-07 | Sold | $330,000 | $210 |
| 2020-10-22 | Pending sale | $339,700 | $216 |
| 2020-10-12 | Listed for sale | $339,700 | $216 |
| 2020-10-10 | Pending sale | $339,700 | $216 |
| 2020-10-07 | Price change | $339,700 | $216 |
| 2020-08-21 | Pending sale | $355,000 | $226 |
| 2020-04-06 | Listed for sale | $355,000 | $226 |
| 1998-03-10 | Sold | $106,000 | $67 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $5,920 | $371,259 |
| 2024 | $5,745 | $360,796 |
| 2023 | $7,159 | $445,100 |
| 2022 | $6,119 | $315,795 |
| 2021 | $5,458 | $287,086 |
| 2020 | $2,964.62 | $172,401 |
| 2019 | $2,894.38 | $161,166 |
| 2018 | $2,894.38 | $166,621 |
| 2017 | $2,573.75 | $161,808 |
| 2016 | $2,463.47 | $133,137 |
| 2015 | $2,369.8 | $126,044 |
| 2014 | $1,894.54 | $119,503 |
| 2013 | $1,823.82 | $115,849 |
| 2012 | $1,643.32 | $101,904 |
| 2011 | $1,617.77 | $98,936 |
| 2010 | $1,582.4 | $97,474 |
| 2009 | $1,458.03 | $94,911 |
| 2008 | $1,310.64 | $94,816 |
| 2007 | $1,374 | $92,054 |
| 2006 | $1,476.06 | $89,809 |
| 2005 | $0 | $87,193 |
| 2004 | $618.97 | $84,653 |
| 2003 | $215.05 | $83,075 |
| 2002 | $1,326.87 | $81,128 |
| 2001 | $1,312.17 | $79,850 |
| 2000 | $1,249.25 | $77,524 |
| 1999 | $1,050.92 | $78,861 |
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