15405 Fortner Drive
About This Property
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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%.
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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.
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 |
|---|---|---|---|
| Dec 27, 2019 | Sold | ||
| Sold | |||
| Feb 26, 2019 | Listed by RE/MAX Prestige Realty/RPB | $475,000 | |
| Listed by RE/MAX Prestige Realty/RPB | |||
| Feb 3, 2019 | No longer available | - | |
| No longer available | |||
| Jan 19, 2019 | Price Decreased |
$489,000
↓ $11K
(2.2%) | |
| Price Decreased | |||
| Oct 2, 2018 | Listed | $499,900 | |
| Listed | |||
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PRICED BELOW APPRAISAL! So many potential uses of this 5-acre country lovers paradise! Property is completely fenced & gated with separate electric service (perfect for future structure), and is equipped with full set of shutters and 2 sources of propane gas - 500 gal tank for whole-house generator and 250 gal tank for gas grill, dryer, water heater & stove. Hurricane season? No worries! The 3BR / 2BA house features beautiful wood burning fireplace, split BR floor plan with dual sinks & shower heads in the master, vaulted ceilings, newer upgraded refrigerator & stove, reverse osmosis water system providing drinkable water(!), large multi-use bonus room w/built-in cabinets... and no country home would be complete without TWO screened porches for rocking chairs, ice tea, and enjoying nature! The manager has listed the unit size as 2015 square feet.
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About Loxahatchee Groves
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$8,500 /mo
- 4 Beds
- 3 Baths
- 3,251 ft²
$7,500 /mo
- 5 Beds
- 2 Baths
- 2,323 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017