10040 LIGHT AVENUE
About This Property
Surrounded by open skies and natural Florida scenery, this property provides a quiet setting with plenty of room to design the lifestyle you want. Hastings is known for its agricultural roots, friendly community, and relaxed pace, making it an ideal spot for those seeking space and privacy without sacrificing convenience. Don't miss this affordable chance to own a piece of Florida land and create something truly your own.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017