$125,248*
●
Condo -
Off Market
6289 Lear Drive #106
Lake Worth, FL 33462
1 Bed
1 Bath
540 Ft²
$80,000 - $90,000
Reference Base Price*
47.52%
Since Jun 1, 2019
National-US
Primary Model
About This Property
**SELLERS REQUESTING ALL REASONABLE OFFERS** What a great starter
condo for a couple that wants to own something seasonal or could be
for a couple that wants something budget friendly year round in
this beautiful 1 bedroom, 1 bath condo on the 1st floor.
Investor friendly...can rent right away. The wall between the
kitchen and living room has been removed for an open concept floor
plan. Neutral tile laid on the diagonal throughout. Newer
appliances and an adorable eat in area just off the kitchen.
Spacious size living room and a nice size master bedroom makes this
unit perfect for anyone looking for an inexpensive Florida
lifestyle. The Screen enclosed patio with roll down shutters for
protection, has a lovely water view and is perfect for relaxing
throughout the year.
The manager has listed the unit size as 540 square feet.
The manager has listed the unit size as 540 square feet.
Unit Size
540 Ft²
Days on Market
-
Land Size
-
Price per sqft
$157
Property Type
Condo
Property Taxes
$242
HOA Dues
-
Year Built
-
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Operating Profit Per Year
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 11, 2024 | No longer available | - | |
| No longer available | |||
| Aug 14, 2024 | Price Increased |
$157,000
↑ $7K
(4.7%) | |
| Price Increased | |||
| May 23, 2024 | Listed | $150,000 | |
| Listed | |||
| | |||
|
BEAUTIFUL 1 BEDROOM, 1 BATH ON FIRST FLOOR UNIT WITH ALL TILE FLOORS, OPEN KITCHEN WITH STAINLESS STEEL REFRIGERATOR, UPDATED BATH, LARGE ENCLOSED PATIO WITH ROLL DOWN SHUTTERS AND CANAL VIEW. NICE COMMUNITY WITH POOL AND GYM, CLOSE TO MAJOR ROADS. HOA $409. SPECIAL ASSESSMENT OF $115 A MONTH UNTIL APROX DEC 2029 THAT HAS TO BE PAID AT CLOSING BY SELLER. PROOF OF FUNDS AND SCHEDULED SHOWING REQUIRED AS TENANT IN PLACE PAYING $1600 UNTIL JAN 2025.
| |||
| Oct 2, 2020 | Sold | ||
| Sold | |||
| Aug 29, 2020 | Listed | $105,000 | |
| Listed | |||
| | |||
|
Great year round home or seasonal get away. 1st floor condo with Updated kitchen and bath. No carpet. Eat in dining area and open concept kitchen and living area. Spacious bedroom with patio access. Sip coffee on your patio and enjoy a peaceful water view. Bath has separate commode room and plenty of cabinets and mirrors. Full hurricane protection. Patio pull down and panels for remainder of windows. A/C less than 1 year old. Parking directly in front of unit. Roof of building just done. Exterior areas and walkways/parking also being done. Community features pool, game room, exercise room and picnic area. Unit is steps away from pool!
| |||
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Property Highlights
Air Conditioning
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/10/2026
|
3 Bed
|
2 Bath
|
1044 ft²
|
$180,000
3 Bed
2 Bath
1044 ft²
|
$110,000
-38.89%
07/30/2026
|
Nicholas Sarubbi
Keller Williams Realty Boca Raton
| |
|
02/06/2024
|
2 Bed
|
2 Bath
|
756 ft²
|
$164,000
2 Bed
2 Bath
756 ft²
|
$164,000
04/22/2024
|
Maarit Forsbom
Highlight Realty Corp/LW
| |
|
02/26/2023
|
2 Bed
|
2 Bath
|
756 ft²
|
$165,000
2 Bed
2 Bath
756 ft²
|
$145,000
-12.12%
03/31/2023
|
Eila Piira
Coastline Realty, Inc.
| |
|
01/12/2022
|
2 Bed
|
2 Bath
|
756 ft²
|
$199,000
2 Bed
2 Bath
756 ft²
|
-
-
|
Michael Persaud Gopie
RE/MAX Advantage Plus
| |
|
01/06/2022
|
3 Bed
|
2 Bath
|
1044 ft²
|
$199,900
3 Bed
2 Bath
1044 ft²
|
-
-
|
Kimmo Siven
Coastline Realty, Inc.
| |
|
06/21/2021
|
2 Bed
|
2 Bath
|
756 ft²
|
$159,500
2 Bed
2 Bath
756 ft²
|
$143,500
-10.03%
07/15/2021
|
Marco H Gonzalez
561REALTY.COM
| |
|
12/14/2020
|
2 Bed
|
1 Bath
|
756 ft²
|
$149,000
2 Bed
1 Bath
756 ft²
|
-
-
|
Ronald Grobman
Marjo Realty Co.
| |
|
10/27/2020
|
2 Bed
|
2 Bath
|
756 ft²
|
$149,500
2 Bed
2 Bath
756 ft²
|
-
-
|
-
| |
|
08/29/2020
|
1 Bed
|
1 Bath
|
540 ft²
|
$105,000
1 Bed
1 Bath
540 ft²
|
$95,000
-9.52%
10/02/2020
|
Michael Persaud Gopie
RE/MAX Select Group
| |
|
11/13/2019
|
3 Bed
|
2 Bath
|
1044 ft²
|
$130,000
3 Bed
2 Bath
1044 ft²
|
-
-
|
-
| |
|
09/30/2019
|
1 Bed
|
1 Bath
|
540 ft²
|
$79,000
1 Bed
1 Bath
540 ft²
|
$70,000
-11.39%
10/30/2019
|
Sanna M Eronimous
Atlantic Florida Properties Inc
| |
|
09/23/2019
|
3 Bed
|
2 Bath
|
1044 ft²
|
$125,000
3 Bed
2 Bath
1044 ft²
|
$115,000
-8.00%
11/12/2019
|
Jyrki Kalervo Koivuharju
ERA Home Run Real Estate
| |
|
01/26/2019
|
2 Bed
|
2 Bath
|
756 ft²
|
$95,900
2 Bed
2 Bath
756 ft²
|
$90,000
-6.15%
05/13/2019
|
John F Fitzpatrick
America's Real Estate Agency, LLC
| |
|
12/04/2018
|
3 Bed
|
2 Bath
|
1050 ft²
|
$119,900
3 Bed
2 Bath
1050 ft²
|
$113,000
-5.75%
03/26/2019
|
Jonathan Woolf
Woolf Realty Inc.
| |
|
11/20/2018
|
1 Bed
|
1 Bath
|
540 ft²
|
$89,900
1 Bed
1 Bath
540 ft²
|
-
-
|
-
| |
|
08/08/2018
|
1 Bed
|
1 Bath
|
-
|
-
1 Bed
1 Bath
|
-
-
|
-
| |
|
08/08/2018
|
1 Bed
|
1 Bath
|
-
|
-
1 Bed
1 Bath
|
-
-
|
-
| |
|
05/30/2018
|
1 Bed
|
1 Bath
|
540 ft²
|
-
1 Bed
1 Bath
540 ft²
|
-
-
|
-
| |
|
05/21/2018
|
2 Bed
|
2 Bath
|
756 ft²
|
-
2 Bed
2 Bath
756 ft²
|
-
-
|
-
| |
|
02/19/2018
|
3 Bed
|
2 Bath
|
1044 ft²
|
$120,000
3 Bed
2 Bath
1044 ft²
|
$110,000
-8.33%
04/09/2018
|
Jyrki Kalervo Koivuharju
Reliant Realty ERA Powered
| |
|
07/30/2017
| |
3 Bed
|
2 Bath
|
1044 ft²
|
-
3 Bed
2 Bath
1044 ft²
|
-
-
|
-
|
|
07/26/2017
|
3 Bed
|
2 Bath
|
1044 ft²
|
$99,900
3 Bed
2 Bath
1044 ft²
|
$99,900
05/18/2018
|
Eric Nathanson
Trans Global Realty Inc
| |
|
07/14/2016
|
2 Bed
|
2 Bath
|
756 ft²
|
$54,100
2 Bed
2 Bath
756 ft²
|
$61,700
+14.05%
08/31/2016
|
Gina Mattila
Mega Real Estate Services
| |
|
09/30/2015
|
2 Bed
|
2 Bath
|
756 ft²
|
$78,000
2 Bed
2 Bath
756 ft²
|
$78,000
12/14/2015
|
Sanna M Eronimous
Atlantic Florida Properties Inc
| |
|
01/24/2015
|
1 Bed
|
1 Bath
|
540 ft²
|
$58,500
1 Bed
1 Bath
540 ft²
|
$52,000
-11.11%
07/21/2015
|
Janet McKenna
Beach Effect Real Estate
| |
|
05/20/2014
|
1 Bed
|
1 Bath
|
540 ft²
|
$34,900
1 Bed
1 Bath
540 ft²
|
$36,900
+5.73%
10/27/2014
|
Nick Jackson
The Global Real Estate Group
| |
|
04/16/2014
|
2 Bed
|
1 Bath
|
756 ft²
|
$59,900
2 Bed
1 Bath
756 ft²
|
$60,500
+1.00%
05/22/2014
|
Janet McKenna
Beach Effect Real Estate
| |
|
03/01/2014
|
1 Bed
|
1 Bath
|
540 ft²
|
$39,900
1 Bed
1 Bath
540 ft²
|
$40,500
+1.50%
04/14/2014
|
Claudia Liliana Arriagada
CENTURY 21 Tenace Realty
| |
|
02/04/2013
|
1 Bed
|
1 Bath
|
540 ft²
|
$29,900
1 Bed
1 Bath
540 ft²
|
$34,500
+15.38%
05/17/2013
|
Nick Rose
RE/MAX Masters
| |
|
12/19/2011
|
1 Bed
|
1 Bath
|
540 ft²
|
$19,000
1 Bed
1 Bath
540 ft²
|
$24,200
+27.37%
02/07/2012
|
Diane C Keane
Coldwell Banker Realty /Delray Beach
|
Building Info
About Mariner Condominiums
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