15252 121st Terrace N
About This Property
downstairs mother in law apartment ) Bathrooms updated/ unique. electric 3 phase for HEAVY EQUIP.MECHANIC SHOP OR WELDERS This was previously approved for State Motor Vehicle Repair Garage and Fl. State Reposession Company held approx 10 cars or more and paved parking was approved to park 100 cars at one time.(40ft Wx70ft L x 16ft H) LAND USE 2 1/2 ACRES ; dirt road for 4 wheeler, Enough land for possible guest cottage, pole barn for horses, mobile home,travel home.
GREAT location for hunters or beach goers, fisherman, boaters;approximately12 mile to Corbett Wildlife and/or ocean/waterways
Close parks, bike trails, baseball fields , canoe on the loxahatchee river nearby, go fishing. SEE DOCUMENTS IF WOULD LIKE TO VIEW SELLER DISCLOSURE AND LEAD BASED PAINT
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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%.
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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.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017