111 STALLION Road
About This Property
1.99 AC with practically new 2009 doublewide mfg. home. Split floor plan, two inviting decks. 16' x 24' metal garage with 12' door, on concrete pad spacious enough to store all the toys. Fish cleaning station plus small storage building. Located about 5 minutes from Crescent City for easy access to shopping & the public boat ramp into Crescent Lake. St. Johns River ramps are about 8 miles. Hiking & biking trails close by.
If you're looking for a winter escape, a place away from the city or just a quite place to live, you need to have a look!
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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