116 LONDON Avenue
About This Property
The property features electric, well, and septic systems that were newly installed in 2022 when the mobile home was placed on the property, and all are reported to be in good working condition. The current owner only utilizes approximately the front 2 acres, leaving the remaining acreage open for additional homesites, livestock, trails, gardening, storage, or other hobbies.
Animals are welcome, and the property is well-suited for a mini farm or homestead lifestyle. The current owner has goats, sheep, pigs, chickens, and other farm animals living comfortably on site. The land is primarily covered with mature pine trees, providing privacy and a natural setting. Located on a dirt road for added seclusion and quiet country atmosphere. Mobile home built in 1989, property should qualify for conventional financing.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 26, 2026 | Listed by KELLER WILLIAMS ST JOHNS | $199,000 | |
| Listed by KELLER WILLIAMS ST JOHNS | |||
| Mar 31, 2021 | Sold | ||
| Sold | |||
| Sep 20, 2011 | Listed by NICOSIA REALTY INC. | $26,900 | |
| Listed by NICOSIA REALTY INC. | |||
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10 wooded acres zoned R-2 just out of City limits of Interlachen. Plenty of room for your home or moblie home.
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| May 7, 2010 | Sold | ||
| Sold | |||
| Apr 8, 2010 | Listed by COLDWELL BANKER BEN BATES INC | $27,000 | |
| Listed by COLDWELL BANKER BEN BATES INC | |||
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10 +/- acres of privacy! Not far from a paved road. Might be just what you're looking for & at an affordable price.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017