1029 CREAGER AVENUE
About This Property
Seize the opportunity to own a piece of beautiful Interlachen, Florida! These unimproved lots are perfect for developers, investors, or anyone looking to build their dream property in a peaceful and rapidly growing area.
Each lot is part of a 20-lot portfolio, offering incredible potential for future development. Whether you're looking to build single-family homes, vacation retreats, or long-term investment properties, these lots provide endless possibilities.
Enjoy the tranquility of nature while still being conveniently located near major highways, the St. Johns River, and local amenities. With no existing structures, you have a blank canvas to bring your vision to life! This property is a conservation property!
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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 |
|---|---|---|---|
| Mar 21, 2025 | Sold | ||
| Sold | |||
| Mar 5, 2025 | In contract | - | |
| In contract | |||
| Feb 26, 2025 | Listed by GAILEY ENTERPRISES REAL ESTATE | $2,200 | |
| Listed by GAILEY ENTERPRISES REAL ESTATE | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017