0 Randi Road
About This Property
Use the whole acreage or subdivide your own parcels for sale. With approx 355 feet of frontage on Randi road you can break the acreage up as the county permits. Electric utility is available at Randi Road. Neighborhood has public water and uses septic tanks. There is an electric power line easement across the back section of the property. This lot has approx. 3.5 acres in the front/ southern portion, and 1.4 acres in the northern section with approx .6 acres of the easement section.
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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 |
|---|---|---|---|
| Nov 10, 2025 | Sold | ||
| Sold | |||
| Oct 17, 2025 | In contract | - | |
| In contract | |||
| Sep 24, 2025 | Listed by EXP Realty LLC | $129,900 | |
| Listed by EXP Realty LLC | |||
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| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
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Last Updated: 12 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 986042
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Address: 335 Madison Avenue, New York, NY 10017