14438 Cr 561a
About This Property
The property is fully fenced and features a storage shed with a small car port large enough to park your riding mower and a metal 20 x 20 Carport with concrete pad. Throughout the front and backyard you will be charmed with mature trees and landscape that add to the overall privacy and tranquility of this property. Walk up the front steps to this covered front porch you can enjoy a peaceful view of Harmoney Hill. Step inside and you will find an OPEN CONCEPT with a FAMILY ROOM and DINING ROOM COMBO, an ADDITIONAL SEPARATE FORMAL DINING ROOM with a split floor plan. The home consists of 2 respectable sized bedrooms, a second bathroom on one side of the home and a Master Bedroom with ENSUITE and WALK-IN CLOSET on the other.
Outside you'll enjoy the Florida lifestyle while entertaining family and friends in the large backyard. Just picture yourself enjoying the camp fire on a brisk night or relaxing and enjoying the breeze on your beautiful wood deck overlooking the picturesque, neighboring, 7 Acre EQUESTRIAN Pasture.
Don't be fooled, although this is a manufactured home, it was originally renovated in 2014 and boasts several upgrades that are not commonly found in a manufactured home. These upgrades give this home, a very unique, site built feel. Upgrades include Freshly painted exterior Hardie board for better insulation, Freshly Painted interior drywall, Luxury Vinyl Plank flooring, Standard residential sized doors throughout, Freshly stained front and rear wood decks, residential grade double pained windows. Additional upgrades include a NEW Metal Roof in 2014 along with a NEW HVAC system (10 year transferable warranty), NEW hot water heater in 2016, Pumped Well and NEW Drain field completed in early 2018.The Sugarloaf area is known as the 5th highest point sitting at 312 Ft above sea level in Florida and is known for its rolling hills. Location highlights include close proximity to the FL turnpike (2.5 miles), Green Mountain Scenic Overlook & Trailhead and less than 3 miles from the Brand New Publix at Hills Crossing. This home will not last so make an appointment to see 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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 28, 2022 | Sold | ||
| Sold | |||
| Nov 18, 2021 | Listed by ARELLANO REALTY & INVESTMENTS | $230,000 | |
| Listed by ARELLANO REALTY & INVESTMENTS | |||
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About Ferndale
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017