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Palm Beach 33463 Lantana
5866 TRIPHAMMER Road
$375,000
● House - Off Market

5866 TRIPHAMMER Road

Lake Worth, FL 33463
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,418 Ft²
$370,865
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Single Family home with 4 bedrooms, 2 baths and attached garage. This home was built in 1988, cbs construction and has just been freshly painted. Perfect for a large family, located in a residential area, walking distance to  School and the newly built Indian Pines park within walking distance from the home.
Unit Size
1,418 Ft²
Days on Market
-
Land Size
-
Price per sqft
$260
Property Type
House
Property Taxes
-
HOA Dues
$25
Year Built
1988

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (Real MLS #1161731)

Price History

Date / Event Date Event Price
Nov 2, 2023 Sold
Premium
Sold
Sep 10, 2023 In contract -
In contract
Aug 26, 2023 Price Decreased $449,900
↓ $5K (1.1%)
Price Decreased
Aug 10, 2023 Listed by SOLSTICE REALTY, LLC $454,900
Listed by SOLSTICE REALTY, LLC
May 11, 2022 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1993
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 253
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,600
  • Lot Size Depth Feet: 810
  • Lot Size Frontage Feet: 570
  • Total Building Area: 1,671
  • Gross Building Area: 1,671
  • Building Area: 1,418
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,418
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LANTANA HOMES PL 3
  • Land Acres: 0000000106
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LANTANA HOMES PL 3 LT 290

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 004820

Zoning

  • Zoning: RS

Geography

  • Assessors Map Reference: 259
  • Parcel: 00-42-44-34-33-000-2900
  • Lot: 290
  • Meridian: SEC 34 TWN 44S RNG 42E
  • Municipality: UNINCORPORATED
  • Latitude: 26.6005
  • Longitude: -80.1372

    Address

  • Full Address: 5866 Triphammer Rd
  • Address - House Number: 5866
  • Address - Street Name: Triphammer
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Lake Worth
  • Carrier Code: R009
  • 4-Digit Zip Code: 1530
  • Zip Code: 33463

Valuation

    Tax

  • Total Area: 1,532
  • Tax Year: 2023
  • Tax Amount: $495,421
  • Tax Rate Code Area: 202

    Appraisal Valuation

  • Standard Deviation: 0.2005
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 428,536
  • High Value: 514,483
  • Low Value: 342,590

    Market Valuation

  • Market Total Value: $305,870
  • Market Land Value: $137,200
  • Market Improvement Value: $168,670

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $305,870

    Sales

  • Current Sale Contract Date: Oct 20, 2023
  • Current Sale Recording Date: Nov 02, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 375112
  • Previous Sale Recording Date: May 11, 2022
  • Previous Sale Contract Date: May 06, 2022
  • Previous Sale Amount: $375,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Lantana

Stats & Trends

Median Asking:

$449,950

Sale Price/ft²

$295

Below Asking

0.02%

Average Days on Market

54

Average Home Size

1506 ft²

Average Home Age

35.7 years

Currently For Sale

3 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 7358 Cerise Street, Lake Worth, FL, 33467

$4,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,728 ft²
7358 Cerise Street, Lake Worth, FL, 33467 Listing by Deborah G Elbaum

Rentals Near You

Click here to view more rentals in the neighborhood.
Real MLS

Listed by: DELOUIS CADET, SOLSTICE REALTY, LLC
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 1161731
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by NEFMLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 5866 Triphammer Road built and last sold?
The property at 5866 Triphammer Road was built in 1988 and last sold on Oct 20, 2023 for $434,250.
How much is this home worth?
The estimated value of the home located at 5866 Triphammer Road is $0.
What are some comparable homes to 5866 Triphammer Road?
There are currently no comparable homes to 5866 Triphammer Road.
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