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142 HOLLAND ROAD
About This Property
Rare opportunity to own a piece of highly sought-after beachside land. Perfectly nestled between the Atlantic Ocean and the Halifax River, this cleared vacant lot offers the ultimate Florida coastal lifestyle. The original structure has been safely demolished and removed, giving you a completely blank, level canvas ready for your vision. Even better, a brand-new septic system has been installed. This location is an outdoor adventurer's paradise where you can easily leave your car in the driveway. You are just three-tenths of a mile from the pristine A1A beach walkover, allowing you to easily enjoy morning sunrises, crashing waves, and quiet, uncrowded sands. If you prefer the river, you are only four-tenths of a mile from the Roberta Drive fishing dock and kayak launch, making it effortless to drop in a paddleboard or kayak for an afternoon of fishing and dolphin watching. Whether you want to design a multi-story coastal retreat to capture both ocean and river breezes, build a low-maintenance vacation home, or hold a premium asset with no HOA restrictions, this location delivers. Enjoy easy access to local seafood spots, beachside shopping, and beautiful state parks. They aren't making any more land this close to the ocean-secure your slice of paradise 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.
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About Ardmere In Kingston Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017