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12486 GATE Road
About This Property
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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 |
|---|---|---|---|
| Sep 8, 2026 | Price Decreased |
$445,000
↓ $5K
(1.1%) | |
| Price Decreased | |||
| Aug 24, 2026 | Price Decreased |
$450,000
↓ $15K
(3.2%) | |
| Price Decreased | |||
| Aug 15, 2026 | Price Decreased |
$465,000
↓ $10K
(2.1%) | |
| Price Decreased | |||
| Jul 31, 2026 | Listed by PUBLIC SERVICES REALTY | $475,000 | |
| Listed by PUBLIC SERVICES REALTY | |||
| Sep 10, 2025 | Listed | $182,000 | |
| Listed | |||
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Build your dream home on this ready-to-go cleared lot in a quiet and convenient location! This property already has major improvements in place to save you time and money. The lot has been cleared for a home and septic system, a culvert is installed (just awaiting final concrete pour), and JEA water is available. Electricity is easily accessible with a power pole next door, and the septic permit has already been issued. A full set of building plans is included and ready for permit application, simply bring your builder and start construction.
Conveniently located near schools, shopping, and everyday amenities, this homesite offers both comfort and practicality. Don't miss the opportunity to secure a prepared lot without the hassle of starting from scratch!
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Property Highlights
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About Northside
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,375 /mo
- 2 Beds
- 3 Baths
- 1,565 ft²
$3,000 /mo
- 4 Beds
- 3 Baths
- 2,345 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017