1060 COUNTY ROAD 20A
About This Property
Live a gracious suburban life on this full woodsy acre near Gainesville. The neighborhood is well established with attractive, well-kept single family homes. Seize the opportunity to build your dream home or explore various investment possibilities in between two amazing lakes - McMeekin Lake & Cowpen Lake. Explore the potential of this expansive 2.02 acre parcel of unimproved vacant land.
Nestled in a serene locale, yet just a short drive away from lakes, this property strikes the perfect balance between privacy and convenience. SFH, Manufactured and tiny homes on slab allowed per the county. Buyer to do due diligenc With unimproved potential, this property provides a rare chance to shape your surroundings. Imagine lush landscaping, a private oasis, or a new construction that aligns with your vision for your perfect home!
Close to Cross Creek, home to where the Yearling Restaurant and Cabins are within a 15 minute drive from the land. Twenty minutes from Gainesville, FL.
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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