TBD Lot 1 NE 154TH AVENUE
About This Property
utilities-perfect for new construction. Surrounded by well-maintained homes and offering a peaceful environment, this property provides the ideal setting for a custom home or spec build. Conveniently located near major highways, it offers easy access to Gainesville and Ocala while maintaining the charm of country living. Don't miss out on this fantastic opportunity!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 14, 2025 | Sold | ||
| Sold | |||
| Mar 28, 2025 | In contract | - | |
| In contract | |||
| Jan 31, 2025 | Listed by CENTURY 21 AFFILIATES | $23,500 | |
| Listed by CENTURY 21 AFFILIATES | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017