114 Axley Road
About This Property
2/1 mobile home. Three blocks from boat ramp to Lake Ispoktoga, 20 minutes from downtown Sebring, mature Oak shade trees and low taxes. It has a newer roof, carport and recently renovated bathroom.
Motivated Seller!
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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 |
|---|---|---|---|
| Oct 25, 2022 | No longer available | - | |
| No longer available | |||
| Oct 3, 2022 | Listed by BHHS Florida Properties Group | $65,000 | |
| Listed by BHHS Florida Properties Group | |||
| | |||
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This cute home is located among beautiful oaks. It is perfect for a small family, a get away spot or for the investor. This 2 bedroom one bath home has a large front porch with windows. Enjoy the quiet community close to restaurants, shopping and the Sebring raceway. Great area for fishing, you will be nestled close to Lake Istokpoga and Arbuckle Creek. Attention investors home has been a rental and rents with ease. The manager has listed the unit size as 480 square feet.
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| Sep 20, 2022 | No longer available | - | |
| No longer available | |||
| Aug 17, 2022 | Price Decreased |
$65,000
↓ $5K
(7.1%) | |
| Price Decreased | |||
| Aug 8, 2022 | Relisted | $70,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017