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11040 BROWNING ROAD
About This Property
This exceptional property features a beautifully updated 2,000+ sq ft open-concept home, along with a separate 600 sq ft additional dwelling - offering endless flexibility and opportunity. With no HOA restrictions, you'll have the freedom to truly make this property your own and enjoy the Florida lifestyle you've always envisioned. The main home offers 4 spacious bedrooms, 2 full bathrooms, and a thoughtfully designed open floor plan that seamlessly connects the inviting great room, expansive kitchen, and dining area - perfect for everyday living and entertaining alike. Ideally located just minutes from top-rated schools, shopping, and dining, convenience meets peaceful country living. Unwind in the evenings on the oversized covered front porch, where you can take in breathtaking sunsets framed by majestic oak trees. Out back, enjoy grilling on your private deck while watching wildlife roam across your wide-open yard. And if you've dreamed of farm-fresh eggs, you'll love the large chicken coop that conveys with the property. Need extra space? The 600 sq ft secondary dwelling includes a bedroom and bathroom, making it ideal for a home office, guest suite, in-law quarters, income-producing rental, workshop, or ultimate retreat space. Zoned AS-1 (one home per acre), this property offers incredible flexibility - live in the existing home while building your dream house, then potentially split and sell an acre if desired. Opportunities like this don't come along often. Schedule your private showing today and explore all the possibilities this remarkable property has to offer!
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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 |
|---|---|---|---|
| Jun 10, 2026 | Sold | ||
| Sold | |||
| Mar 7, 2026 | In contract | - | |
| In contract | |||
| Mar 3, 2026 | Listed by TRUENORTH REALTY OF FLORIDA LLC | $495,000 | |
| Listed by TRUENORTH REALTY OF FLORIDA LLC | |||
| Jul 10, 2023 | Sold | ||
| Sold | |||
| Apr 21, 2023 | Listed by TRUENORTH REALTY OF FLORIDA LLC | $483,000 | |
| Listed by TRUENORTH REALTY OF FLORIDA LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017