12929 NW COUNTY ROAD 237
About This Property
The pole barn is 1632 sq ft and includes an enclosed shop, an entry door, and a 12x12 roll-up door. It has 3 vehicle bays, 1 RV hookup outlet, and is equipped with electric, water, phone, and cable. Additionally, there is a rear covered lean-to for extra storage.
The side screened patio is 361 sq ft and includes electric and cable, perfect for watching the Gators. Or if you prefer, there is also an outdoor entertainment area, perfect for family gatherings, celebrations, and relaxing outdoor activities, complete with electric, water, and cable and the 2nd fridge!
Weddings and many other events have been hosted here. The property has so much to offer! See it today!
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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