TBD NE 12 STREET
About This Property
Looking for an affordable piece of Florida land to build on now or hold for the future? This wooded 0.23-acre residential lot in Williston Highlands offers approximately 10,000 sq. ft. of land with NO HOA and plenty of potential for a future homesite or investment.
Located on NE 12th St, the property offers a quiet, low-density setting while remaining within convenient reach of Williston, Bronson, Gainesville and Ocala.
Bring your plans and explore the possibilities. Property will require septic; buyer is encouraged to verify zoning, utilities, building requirements and intended use with Levy County.
Offered at only $12,900 - drive by and take 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.
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LPT REALTY, LLC
Last Updated: 2 months ago
Data Source: Stellar MLS, MLS# S5139560
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