117 HIAWATHA Drive
About This Property
Quaint and private would describe this fixer upper surroundings on a dead-end road. The value is in the land with its improvements. Boat ramp and George's Lake is a block away!
Septic, well and electric are already on site and power is on! Short drive to Gainesville, Palatka, St. Augustine, and Daytona. Minutes away from Georges Lake and Various other lakes and state parks. Formerly used as a hunting cabin. Last used in 2019. Please call County for Due Diligence and suitability. Structure is not currently safe advised not to enter.
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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 |
|---|---|---|---|
| Aug 17, 2023 | Sold | ||
| Sold | |||
| Mar 6, 2023 | Listed by MANUCY REALTY AND ASSOCIATES | $31,000 | |
| Listed by MANUCY REALTY AND ASSOCIATES | |||
| Jan 23, 2023 | Sold | ||
| Sold | |||
| Jan 3, 2023 | Listed by MANUCY REALTY AND ASSOCIATES | $35,000 | |
| Listed by MANUCY REALTY AND ASSOCIATES | |||
| May 12, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017