1118 SELMA Avenue
About This 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 |
|---|---|---|---|
| Jul 22, 2026 | Price Decreased |
$29,900
↓ $3K
(9.1%) | |
| Price Decreased | |||
| Jun 9, 2026 | Price Decreased |
$32,900
↓ $1K
(3%) | |
| Price Decreased | |||
| Apr 15, 2026 | Price Decreased |
$33,900
↓ $1K
(2.9%) | |
| Price Decreased | |||
| Feb 12, 2026 | Listed by MODERN REALTY OF FLORIDA | $34,900 | |
| Listed by MODERN REALTY OF FLORIDA | |||
| Oct 27, 2025 | Listed | $36,000 | |
| Listed | |||
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Spacious Vacant Lot For Sale
Don’t miss this rare opportunity to own a large .86-acre lot in Interlachen, Florida – made up of four standard lots combined into one spacious homesite. This property is partially cleared and already has power on site — a huge value for anyone looking to build or bring in a new manufactured home.
Enjoy the peaceful rural setting while being just a short drive to local amenities, lakes, and recreational opportunities. With nearly an acre of land and utilities in place, this lot is perfect for your future home, getaway spot, or investment property.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017