1061 HARRIS ROAD
About This Property
Property is pending a conservation easement. A recent survey completed less than one year ago confirms the acreage. The conservation easement allows for the construction of one single-family residence up to 5,000 square feet and two barns not to exceed 2,000 square feet each.
The property offers exceptional recreational use with abundant wildlife, including whitetail deer, Osceola turkeys, axis deer, and wild hogs, providing outstanding hunting opportunities. Significant improvements are currently underway, including new ponds being dug, underbrushing and clearing, pasture improvements, and new fencing.
An additional adjoining 700± acres bordering the south side of the property may be available for purchase. This adjoining tract is conserved and allows for two additional single-family residences up to 5,000 square feet each, four barns, and up to 10,000 square feet of agricultural buildings, with approximately seven miles of Peace River frontage and three miles of Joshua Creek.
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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%.
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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.
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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 |
|---|---|---|---|
| Jan 27, 2026 | Listed by EXIT KING REALTY | $3,100,000 | |
| Listed by EXIT KING REALTY | |||
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About DeSoto
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017