4
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131 PHILLIPS Road
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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 30, 2026 | Listed by MANUCY REALTY AND ASSOCIATES | $51,000 | |
| Listed by MANUCY REALTY AND ASSOCIATES | |||
| Jul 22, 2024 | Listed | $60,000 | |
| Listed | |||
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Looking for your own piece of heaven to make home? Look no farther - this nearly 5-acre parcel of land in Florahome is really beautiful! Just outside of the Etoniah Creek State Forest (https://www.fdacs.gov/Forest-Wildfire/Our-Forests/State-Forests/Etoniah-Creek-State-Forest) this home is a blank slate. Owner installed new fence along back and has a hunting stand on the property. Far enough from civilization to be able to see the stars, but only 15 minutes to Palatka, 2o minutes to Melrose and Keystone Heights, 45 minutes to Gainesville, and just over an hour to Ocala and Jacksonville. No HOA fees and no restrictions.
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Last Updated: 6 months ago
Data Source: Real MLS, MLS# 2137411
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017