153 & 155 Caswell Branch Road
About This Property
Discover the charm and versatility of this adorable Florida cottage situated on approximately 1/4 acre, offering both immediate rental income and exciting possibilities for future use. The property features a large, open decks that wrap around the rear, front and extends along the length of the home, creating an inviting outdoor space for relaxing, entertaining, or enjoying the Florida lifestyle.
Inside, the cottage offers a warm and modern feel with crown molding, granite countertops, and durable LVP flooring throughout. Built with durability and Florida's coastal climate in mind, the home features construction designed to withstand winds up to 165 mph, along with double-pane windows, a metal roof, Hardie-Board siding, and additional insulation for improved energy efficiency.
The property has previously been part of a rental portfolio and has generated approximately $1,700 per month in rental income, providing an attractive opportunity for investors or buyers looking for a property with established income potential.
One of the property's standout features is the generous land and 7 additional lot opportunities.. Enjoy the larger yard and added privacy of the approximately 1-acre property, or take advantage of the adjoining lot and explore the potential to build an additional home or investment property both parcels include 8 total lots. ALL TAP FEES PAID !!
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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 |
|---|---|---|---|
| Sep 24, 2026 | Listed by Mckenzie Claire Real Estate Group LLC | $895,000 | |
| Listed by Mckenzie Claire Real Estate Group LLC | |||
| Jun 28, 2025 | Listed | $224,000 | |
| Listed | |||
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Adorable Florida Cottage with a large open deck wrapping around the front and down the length of the home. Featuring crown mounding, granite countertops, and LVP flooring. Built strong to withstand 165 mph winds, with double-pane windows, metal roof, Hardie board siding, extra insulation for energy efficiency. The home has been part of a rental portfolio generating $1700/monthly. Enjoy a larger yard (approx 1/4 acre), or build on the adjoining lot, all tap fees are paid!
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| Apr 29, 2024 | No longer available | - | |
| No longer available | |||
| Dec 19, 2023 | Price Decreased |
$290,000
↓ $809K
(73.6%) | |
| Price Decreased | |||
| Dec 14, 2023 | Price Increased |
$1,099,000
↑ $769K
(233%) | |
| Price Increased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017