Neighborhood
602 N M St, Lake Worth, FL 33460
3 beds · 1 bath · 1,198 sq ft · Lot: 6,750 sq ft · Single Family Home · Last Sold: $85K in 2000 · Built: 1926
Est. Value:
$534K
Est. Rent:
$2.1K/month

602 N M St Lake Worth, FL 33460

3 beds · 1 bath · 1,198 sq ft · Lot Size: 6,750 sq ft · Single Family Home · Mango Groves
Est. Property Value: $533,788

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602 N M St is in the Mango Groves neighborhood of Lake Worth, FL. It is located in Palm Beach County and ZIP code 33460. This Single Family Home was built in 1926 and is approximately 99 years old. The single family home spans 1198 sq ft with 3 bedrooms and 1 bathroom and sits on a 6750 sq ft lot. According to public records, it was last sold in 2000 for $85,000 and has a tax-assessed value of $300,776, which is $446 per sq ft. The Mango Groves area of Lake Worth has 46 residential homes with an average size of 1181 sq ft. Analyze and compare real estate investment strategies for properties like this home at 602 N M St Lake Worth, FL 33460 with Property Intel by Whitepages.

Investment Potential for 602 N M St

The property has a current estimated value of $533,788, which is 3% above the neighborhood median, based on public records. It last sold on June 05, 2000 for $85K. Projected long-term
is $25,800 annually ($2,150 per month) with a 86% occupancy rate.

Discover more Single Family Homes in Mango Groves.

Long-Term

Gross Rental
$25,800 per year($2,150 per month)
Net Operating Income
Cap Rate
Occupancy Rate
86%in 33460 zip code
 
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Owners & Occupancy for 602 N M St

No contact information is available.

Occupancy

Resident 1****************
Resident 2************* age 58

Property Details for 602 N M St

Property Details

Property Sq Ft

Living Area

1,198 sq ft

1% above market

Lot Size

6,750 sq ft

0% above market

Price Per Sq Ft

Living Area

$446 / sq ft

8% above market

Lot Size Area

$79 / sq ft

0% above market

Property condition, age, exterior, etc. for 602 N M St…
Longitude: -80.052899 Latitude: 26.622711 Parcel Number (APN): 38-43-44-21-15-172-0010…
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Market Benchmarks

Compare data for 602 N M St in Palm Beach County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$533,788
$352,849
$180,938 (51%)
$469,783
$651,869 (139%)
YoY Price Change
1.8%
50%
Year Built
1926
1990
-64 years
Living Space
1,198 sq ft
1,630 sq ft
-432 (-27%)
$ Per Living Sq Ft
$446
$217
$229 (106%)
Lot Size
6,750 sq ft
9,599 sq ft
-2849 (-30%)
$ Per Lot Sq Ft
$79
$40
$39 (96%)

Net Operating Income
$19,987
-$2,705 (-14%)
Annual Revenue
$25,800
$29,400
-$3,600 (-12%)
$9,588
-$1,070 (-11%)
Net Operating Income
$19,987
-$2,705 (-14%)
Cap Rate
5.67%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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