6495 SE Chasewood Dr Unit E · Jupiter, FL 33458

$244,900

2 bd · 2.0 ba · 980 sqft · Condo public records · 135 Days on market

Built 1984 $450/mo HOA · 18% of rent

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Why this score? — see what drove the D- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +10.5/30.0
• ARV discount +7.5/15.0
• 1% rule +5.4/10.0
• Schools +4.3/10.0
• Livability +3.5/5.0
• DSCR +3.0/10.0
• Rent growth +3.0/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Condo in a good location of Jupiter. Investors welcome. No rental waiting period, 90 days minimum for lease up 2 X yr. or make your home. Beautifull tile floor thru out. Large, screened balcony with storage closet. Condo fee included water, basic cable, swimming pool, clubhouse, tennis, car wash area, and Insite manager. Pet friendly and active community for all ages. Nearby beautiful beaches, shopping's, close to 95 and turnpike. Seller motivated. Bring all offers.

Key facts

• Tennis
• Clubhouse
• Car wash area

Tags

• LARGE SCREENED BALCONY
• STORAGE CLOSET
• SWIMMING POOL
• CLUBHOUSE
• TENNIS
• CAR WASH AREA

Property features AI

Finance

• Other: Pets allowed (with number and size limits)
• HOA & community: Monthly HOA fee; Association amenities include clubhouse, jogging path, picnic area, parking, tennis courts, on-site manager, library, lobby, and street lights; HOA fee includes cable TV, insurance, grounds maintenance, sewer, water, common areas, and common real estate tax

Exterior

• Parking: Assigned parking; 2 open parking spaces
• Utilities: Public water; Public sewer; Cable available; Water available; Sewer available
• Home design: Condominium; Resale property; 2-story building; Entry-level living area; Faces west; Located west of US-1 on a private road
• Construction: Concrete/CBS construction; Composition/shingle roof
• Exterior features: Screened patio; Patio; Porch; Corner lot; Paved road

Interior

• Kitchen: Dishwasher; Electric range; Refrigerator
• Bedrooms: 2 main-level bedrooms
• Flooring: Ceramic tile
• Bathrooms: 2 full bathrooms (both on main level)
• Heating & cooling: Central electric heating (individual system); Central electric cooling (individual system); Ceiling fans
• Interior features: Built-in features; Cathedral ceilings; Vaulted ceilings; Walk-in closets; Blinds
• Laundry & utility: Laundry closet inside unit; Electric water heater

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath condo listed at $245k.

Deal economics

• At list price, monthly cash flow is $-124 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $223k (9.0% below list).
• Meets the 1% rule at list price ($3k rent vs $245k).
• Recommended offer: $216k (12.0% below list) — sets the bar for market timing.
• Cap rate 5.7% vs local median 2.7% in Jupiter — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 70/100 on livability (#415 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: amenities F, commute F, cost of living F.
• Palm Beach (suburban): math 46% / reading 53% proficiency, ranked #34 of 73 in FL (top 47%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Jerry Thomas Elementary School (math 60% / reading 67%, grade B, #564 of 2,144 statewide, top 27%, 718 students, 41% FRL); Independence Middle School (math 71% / reading 67%, grade A, #68 of 571 statewide, top 12%, 1,166 students, 25% FRL); Jupiter High School (math 56% / reading 64%, grade C+, #106 of 667 statewide, top 16%, 3,087 students, 28% FRL) — zoned schools average 31% FRL vs 52% district-wide (21 pts lower); this property's tenant base skews higher-income than the district average.
• Zoned-school proficiency averages 64% at this address vs 50% district-wide (+15 pts) — the actual schools serving this property are materially stronger than the Palm Beach average implies; a family-tenant draw the district grade alone would hide.
• Market conditions: Rents rising (+1.9%/yr); 321 active listings in the ZIP; 24 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 3,974 units permitted in Palm Beach County in 2024 (1,012 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
• Palm Beach County population projected at +30% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 135 days — a 12% lower offer ($216k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 20y ago; this cycle's ask has dropped $15k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $88k; list at $245k implies a 180% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $215,512 (12.0% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 135 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
8. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
9. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
10. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
11. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.04% ✓
• Cap rate: 5.68%
• Cash-on-cash: -2.17%
• DSCR: 0.90
• GRM: 8.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 1.86% rent growth · sell at horizon

5-year hold

• IRR: -21.4%
• Equity multiple: 0.27×
• Total profit: $-50,169
• Equity at exit: $36,515

10-year hold

• IRR: -18.4%
• Equity multiple: 0.06×
• Total profit: $-64,191
• Equity at exit: $21,174

Cash invested: $68,572 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 33458

• Rents YoY: 1.9%
• Active inventory: 321
• Price-to-rent: 8.0×

Monthly cashflow live

• Estimated rent: $2,548 high
• Mortgage (P&I): −$1,284
• Tax from tax record: −$301 /mo · $3,612/yr
• Insurance: −$102
• HOA: −$450
• Vacancy / Maint / Mgmt: −$535
• Net cashflow: $-124

Break-even live

Break-even rent $2,705

Max offer price $222,972

Occupancy floor 100%

Sensitivity live

Price	-10% $15	-5% $-55	+0% $-124	+5% $-193	+10% $-263
Rent	-10% $-325	-5% $-225	+0% $-124	+5% $-23	+10% $77
Rate	-1.0pp $-1	-0.5pp $-62	base $-124	+0.5pp $-188	+1.0pp $-252

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $61,225
• Closing costs: $7,347
• Reserves months: —
• Total cash needed: —

Rent comps 24 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6489 Chasewood Dr Unit D Jupiter, FL	2.0	2.0	980	$2,250	$2.30	2d	1	0.03mi
6485 Chasewood Dr Unit G Jupiter, FL	2.0	2.0	980	$2,500	$2.55	25d	1	0.05mi
6285 Chasewood Dr Unit F Jupiter, FL	2.0	2.0	860	$2,225	$2.59	2d	1	0.09mi
6299 Chasewood Dr Unit D Jupiter, FL	2.0	2.0	980	$2,400	$2.45	5d	1	0.10mi
6540 Chasewood Dr Unit F Jupiter, FL	2.0	2.0	1007	$2,950	$2.93	25d	1	0.12mi
6531 Chasewood Dr Unit H Jupiter, FL	2.0	2.0	1007	$2,350	$2.33	6d	1	0.13mi
6341 Chasewood Dr Unit C Jupiter, FL	2.0	2.0	980	$2,300	$2.35	25d	1	0.14mi
6314 Chasewood Dr Unit A Jupiter, FL	2.0	2.0	860	$1,900	$2.21	21d	1	0.14mi
6328 Chasewood Dr Unit C Jupiter, FL	2.0	2.0	860	$2,400	$2.79	14d	1	0.16mi
6327 Chasewood Dr Jupiter, FL	2.0	2.0	980	$2,575	$2.63	0d	2	0.17mi
178 Pinewood Ct Jupiter, FL	2.0	2.0	1049	$2,200	$2.10	25d	1	0.47mi
113 Pinewood Ct Jupiter, FL	2.0	2.0	1049	$2,400	$2.29	6d	1	0.52mi
154 Banyan Cir Jupiter, FL	3.0	2.0	1003	$1,950	$1.94	21d	1	0.61mi
139 Deerfield Ct Jupiter, FL	2.0	2.0	1049	$2,600	$2.48	22d	1	0.63mi
125 Doe Trl Jupiter, FL	3.0	1.0	891	$3,000	$3.37	21d	1	0.76mi
125 Doe Trl Jupiter, FL	3.0	1.0	891	$3,200	$3.59	25d	1	0.76mi
808 Iroquois St Jupiter, FL	3.0	1.0	1028	$3,290	$3.20	2d	1	0.83mi
808 Iroquois St Jupiter, FL	3.0	1.0	1028	$3,290	$3.20	16d	1	0.83mi
404 S Caloosahatchee Ave Jupiter, FL	3.0	2.0	1115	$3,200	$2.87	25d	1	0.85mi
6674 4th St Jupiter, FL	3.0	2.0	1064	$3,550	$3.34	25d	1	0.87mi
1329 Chippewa St Jupiter, FL	2.0	2.0	1038	$3,100	$2.99	25d	1	0.92mi
713 Suwanee Ave Jupiter, FL	3.0	1.5	962	$3,500	$3.64	11d	1	1.05mi
996 Mohican Blvd Jupiter, FL	3.0	2.0	962	$3,550	$3.69	20d	1	1.18mi
915 Riverwood Ln Jupiter, FL	2.0	2.0	783	$1,950	$2.49	12d	1	1.38mi

HOA detail condo

• Monthly dues: $450 · $5,400/yr
• Likely covers: watercablepool
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 21 events

1. 2026-06-18
   days on market $244,900 Active 135 DOM
2. 2026-06-17
   days on market $244,900 Active 134 DOM
3. 2026-06-16
   days on market $244,900 Active 133 DOM
4. 2026-06-15
   days on market $244,900 Active 132 DOM
5. 2026-06-13
   days on market $244,900 Active 130 DOM
6. 2026-06-09
   days on market $244,900 Active 126 DOM
7. 2026-06-07
   days on market $244,900 Active 124 DOM
8. 2026-06-04
   days on market $244,900 Active 121 DOM
9. 2026-06-03
   days on market $244,900 Active 120 DOM
10. 2026-06-01
    days on market $244,900 Active 118 DOM
11. 2026-05-31
    days on market $244,900 Active 117 DOM
12. 2026-03-06
    price $244,900
13. 2026-02-03
    listed $260,000 Active
14. 2010-02-04
    soldstatus $87,500
15. 2007-06-01
    historical
16. 2006-12-01
    listed $204,900
17. 2000-10-02
    soldstatus $68,900
18. 2000-05-10
    soldstatus $66,000
19. 1994-07-19
    soldstatus $52,500
20. 1991-09-03
    soldstatus $50,000
21. 1988-05-17
    soldstatus $46,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $3,612 · $301/mo
• Projected year-2 tax: $3,612 · $301/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥106°F today · 24 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $30,580
• − Mortgage interest: −$13,718
• − Property taxes: −$3,612
• − Insurance: −$1,224
• − Repairs & maintenance: −$2,446
• − Management: −$2,446
• − HOA: −$5,400
• − Depreciation: −$7,124
• Taxable loss: −$5,392
• Est. tax savings @ 24.0%: +$1,294
• After-tax cash flow: $-196/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Palm Beach
• NCES district ID: 1201500
• Math proficiency: 46% ▼ -16.00%
• Reading proficiency: 53% ▼ -4.00%
• Median HH income: $53,943
• Composite: 42.72/100
• National rank: #3160
• State rank: #34 of 73 in FL

Livability — Jupiter

• Score: 70/100
• State rank: #415
• US rank: #7386

Category grades

Amenities F Commute F Cost of living F Crime A+ Employment A+ Housing A+ Health & safety D- User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Palm Beach County · 1,438,312 people
• City population: 68,420
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• Population (ZIP): 55,512
• Household income: $109,729
• Rent vs Own: 25.1% rent · 74.9% own
• Severe rent burden: 1458.0

Population outlook (Palm Beach County) Hauer SSP2

• Today (2025): 1,637,487 people
• By 2030: 1,743,255 · +6.5%
• By 2040: 1,948,712 · +19.0%
• By 2050: 2,132,979 · +30.3%
• By 2075: 2,530,027 · +54.5%
• By 2100: 2,706,979 · +65.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (70%)
• Race & ethnicity: White 70% Hispanic / Latino 21% Two or more races 14% Black 3% Asian 2%
• Hispanic origin (detail): Mexican 6% Puerto Rican 3% Cuban 2%
• Common ancestry: Romanian 3% Lithuanian 2% Iranian 2%
• Foreign-born: 17% · Canada, Jamaica, China
• Languages at home: 78% English-only · Spanish 16% Other Indo-European 3% German/W. Germanic 1%

Political lean MEDSL · Palm Beach

• 2024 margin: Toss-up / Even · D 50.0% · R 49.2%
• 2008→2024 swing: -22.1pp toward R · 2008: 22.9pp · 2024: 0.8pp
• All cycles: 2024: D+0.8 2020: D+12.8 2016: D+15.3 2012: D+17.0 2008: D+22.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -277.55%
• Current HPI: 376.5
• Rent YoY: ▲ 1.86%
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+432.4% since first listed

10 events — show timeline

• 2026-03-06 Price Changed $244,900 Beaches MLS
• 2026-02-03 Listed $260,000 Beaches MLS
• 2010-02-04 Sold (Public Records) $87,500 Public Records
• 2007-06-01 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2006-12-01 Listed $204,900 Stellar MLS as Distributed by MLS Grid
• 2000-10-02 Sold (Public Records) $68,900 Public Records
• 2000-05-10 Sold (Public Records) $66,000 Public Records
• 1994-07-19 Sold (Public Records) $52,500 Public Records
• 1991-09-03 Sold (Public Records) $50,000 Public Records
• 1988-05-17 Sold (Public Records) $46,000 Public Records

Property tax history

+6.9%/yr

Latest (2025): $3,612 · +1.6% YoY. Source: county tax records.