#RX-11024360, Michael Petilli, Listing Office: Voro LLC
$10,000
closing credit¹
4063 Herbertz Rd Lake Worth, FL 33461
Property details
About 4063 Herbertz Rd
Investment Opportunity! Excellent opportunity to acquire a strong cash flowing multifamily asset that is 100% occupied and priced at a 7.5% cap rate. Property consists of (3) duplexes for a total of 6 units on almost an acre of land. Each unit has a similar floor plan comprised of 3 bedrooms and 1 full bath. Upgrades vary by unit and include impact sliders/windows, new ACs (in 4 of 6 units), updated bathrooms/ kitchens, new tile flooring, fresh paint, etc. The exterior was just painted, landscaped, offers plenty of parking, and new exterior lighting. Attached is a brochure with more details.
Highlights
(Active Under Contract)
Virtual tour
Summary
- MLS Number: RX-10997031
- Office Name: Re/Max Direct
- Office Phone: (561) 952-2680
- Listing Agent: Daniel J DeRogatis
- Agent Phone: (561) 305-5500
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Last updated on: 2/2/2025, 5:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,695,000
4063 Herbertz Rd
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Apr 07, 2022 | Home Sold | $1,250,000 |
Jun 12, 2006 | Home Sold | $600,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $841,369 | $16,606 |
2022 | $754,865 | $13,260 |
2021 | $623,637 | $13,260 |
2020 | $674,898 | $11,943 |
2019 | $404,814 | $11,716 |
2018 | $368,013 | $9,941 |
2017 | $334,557 | $8,645 |
History based on county public records data.
Nearby schools
4
Palm Springs Elementary School
Public District PK-5
1.0 mi
•101 Davis Rd
7
Greenacres Elementary School
Public District PK-5
1.4 mi
•405 Jackson Ave
5
Heritage Elementary School
Public District KG-5
1.4 mi
•5100 Melaleuca Ln
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $39,405. Typical income of Lake Worth, FL residents is less than $<35k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.
Similar homes for sale
This home is located at 4063 Herbertz Rd in Lake Worth, FL and zip code 33461. This 5,880 square foot home was built in 1979. Features: 0 bathroom. It has been listed on Rocket Homes since June 18, 2024 and is currently priced at $1,695,000.
While more than 8 listings in Lake Worth, FL in January 2025 were sold above asking price, there were more than 9 listings sold at asking price, and more than 77 were sold below. The number of homes for sale in Lake Worth, FL increased by 14.8% between December and January 2025. Listings spent 77 days on the market in January 2025, and had a median list price of $466,547 during the same period.