1351 BARDIN Road
About This Property
This huge tract of land is perfect for those who seek a rural hunting and outdoor recreational retreat. It is also the perfect country getaway and homesite. It is a Florida ''Certified Tree Farm Stewardship Land,'' with excellent deer and turkey hunting, food plots and stands. Enjoy your own nature trails with several live oak hammocks, loblolly and long leaf pines, rolling down to a creek and state wildlife refuge land. The Loblolly pines and long leaf pines (both highest-valued timber products) vary in age from 5+ to 25+ years old. The parameter is fenced on the front and sides and opens in the back to state land. There is easy access to this unique property which is provided by a paved county road which leads to many areas. It is centrally located in Putnam County between Palatka, Jacksonville, Green Cove Springs, Ocala and Melrose. Approximately 14 miles from the site where the new major PARC Group development is taking place in nearby Green Cove Springs.
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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