2
Map
00 LOCKS Road
About This Property
Fence is as Is. Also on the property near the NE Corner is a Well/well is not currently being used, but might be suitable for irrigation. Well/pump strictly as is.
Sidewalk is located along the West Side of the property. It is reported that Public Water and Sewer are located along Locks Road. Buyer shall assume responsibility to verify.
Description of Lot is: Jame's Villa N 100' of Lot 1.
*Note, Subdivision was created in the early 1960's and was not subsequently subdivided. County Staff has stated this is a buildable lot, as a Split of James Villa Lot 1 which shall be deeded out to Buyer. Sale will require a new PID.
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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 |
|---|---|---|---|
| Aug 3, 2026 | Listed by Berkshire Hathaway Florida Realty | $210,000 | |
| Listed by Berkshire Hathaway Florida Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017