For SaleRisky Deal1 days on market
1006 FAULKNER Terrace
1006 FAULKNER Terrace, Palm Beach Gardens, FL 33418, Palm Beach Gardens, FL 33418
$1,899,999
Estimate®:$1,795,100
Listing Price
1006 FAULKNER Terrace, Palm Beach Gardens, FL 33418
Loc: Palm Beach Gardens, FL
Days Listed
1
Tax Assessed
$1235k
Estimate®
$1795k
Market Rate
Lot Size
5,201 sqft
Rent Estimate
$7,770/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.
10
Marsh Pointe Elementary School
PK-5
1.3 mi away
8
Watson B. Duncan Middle School
6-8
1.8 mi away
6
William T. Dwyer High School
PK,9-12
0.6 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
Mediterraneanstucco exteriortile roofarched entrywaytwo-storylandscapedresidentialcurb appealtropicalsuburbanwell-maintainedsingle-family homeshady canopy tree
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
2.54%
Total ROI
14.2%
Cash Flow
$-5,830/mo
DSCR
0.41
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-5,830/mo net cash flow with a 2.5% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Palm Beach Gardens, 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 |
|---|---|---|---|
| 2026-09-24 | Listed for sale | $1,899,999 | $525 |
| 2025-01-03 | Listing removed | $2,500 | $1 |
| 2024-12-17 | Price change | $2,500 | $1 |
| 2024-12-02 | Listed for rent | $2,600 | $1 |
| 2024-11-27 | Sold | $1,549,990 | $428 |
| 2024-09-30 | Pending sale | $1,599,990 | $442 |
| 2024-09-16 | Price change | $1,599,990 | $442 |
| 2024-09-05 | Listed for sale | $1,699,990 | $470 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $24,086 | $1,229,671 |
| 2024 | $5,570 | $87,244 |
| 2023 | $5,422 | $79,313 |
| 2022 | $4,650 | $72,103 |
| 2021 | $3,992 | $65,548 |
| 2020 | $3,987.71 | $59,589 |
| 2019 | $3,940.16 | $54,172 |
| 2018 | $3,940.16 | $100,000 |
| 2017 | $3,627.79 | $100,000 |
| 2016 | $2,664.39 | $40,700 |
| 2015 | $2,846.9 | $37,000 |
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