129 Constitution LANE
About This Property
Modern Country Living on 2.2 Acres!
Discover the perfect blend of style and space with this brand-new manufactured home, thoughtfully designed for comfort and convenience. Set on a sprawling 2.2-acre property, this home offers a large cleared pasture ideal for your hobbies, pets, or future projects.
Step inside to find 1,494 sq. ft. of modern living, featuring 3 spacious bedrooms and 2 full bathrooms. The interior boasts upgraded stainless steel appliances, sleek drywall finishes, and the latest washer and dryer-everything is fresh, new, and ready for you to move in!
Enjoy peace of mind with all-new utilities, including a new well, septic drain field, and electrical system. Outside, you'll find a large gravel parking area with plenty of space for vehicles, RVs, or trailers.
This property is a nature lover's dream, surrounded by wild blackberries and scenic views. Plus, it's located outside of any flood zone for added security. Positioned just 1.5 hours from Tampa or Orlando, you'll have easy access to city amenities while enjoying the tranquility of country living.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017