12108 SE County 234 ROAD
About This Property
While you live amongst Old Florida Heritage, stay connected via portable lightning-fast StarLink wifi. The residences are hundreds of feet from the county road, and neighboring homesteads are farther away. A private mile + intersecting trail winds throughout the property with a granddaddy live oak hammock, native longleaf pines, and sabal palms, where you'll spot deer and turkey. Excellent for bird-watching hawks, eagles, owls, and the seasonal sandhill cranes. The current owners have maintained the agricultural status by planting thousands of native longleaf pines, many now reaching 20' tall on their way to 200' maturity. A one-acre pond, surrounded by cypress and tupelo trees, attracts egrets and many of the 270 species of birds drawn to the neighboring 21,000-acre state park. The property was a horse ranch at one time, and the barns are still maintained today. They may accommodate horses, other livestock, or equipment. The town of Micanopy is just two miles down the road. It is considered "One of America's top 12 cutest towns," according to Huffington Post. You'll find outdoor cafes, a bakery, a hotel, and antique shops. UF Shands Medical Center is 12 miles away, Hawthorne Bike Trail is 4 miles, and World Equestrian Center is 28 miles away. The home is being sold AS-IS
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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 |
|---|---|---|---|
| Mar 22, 2023 | Sold | ||
| Sold | |||
| Dec 30, 2022 | Listed by ANSON PROPERTIES LLC | $555,000 | |
| Listed by ANSON PROPERTIES LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017