145 S UTOPIA ST
About This Property
This 1.25-acre lot combines excellent value with the features buyers are looking for when purchasing land in Montura. The property is HIGH & DRY, completely untouched, with NO WETLANDS, giving the future owner a great starting point to create the property they want while choosing which trees and natural vegetation to preserve.
Located in the **heart of Montura Ranch Estates**, this property offers the space, privacy, and country lifestyle the area is known for - all with NO HOA Build your dream home or place a manufactured/mobile home, subject to Hendry County requirements and permitting. Enjoy plenty of room for outdoor living, gardening, recreational activities, and permitted farm animals.
WHY PAY MORE? This is an excellent opportunity to secure 1.25 acres with desirable land characteristics at a VERY COMPETITIVE VALUE.Cash purchase or bank financing available for qualified buyers. Schedule your showing today and come see the possibilities this property has to offer!
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Cap Rate Calculator
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