155 Caswell Branch Lot 6 Road
About This Property
The adjoining lot is also available for purchase, offering flexible options to fit your needs. Purchase the lot individually, acquire the entire parcel, or purchase multiple adjacent lots together. All applicable tap fees have already been paid, adding value and simplifying the process for future development.
Whether you're looking to build, expand your property, or invest in additional land, this is a great opportunity with multiple purchase options.
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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 | $60,999 | |
| Listed by Mckenzie Claire Real Estate Group LLC | |||
| Jun 28, 2025 | Listed | $219,000 | |
| Listed | |||
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Adorable Florida Cottage with an expansive open deck wrapping around 3 sides 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 $1750/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 |
$275,000
↓ $19K
(6.4%) | |
| Price Decreased | |||
| Nov 10, 2023 | Listed by EXP REALTY LLC | $293,750 | |
| Listed by EXP REALTY LLC | |||
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Income Producing Property featuring a charming 2 bedroom cottage, nestled on a lot graced by magnificent trees. The property features a private deck and peaceful outdoor area. The home features double-pane windows, metal roofs, Hardie board siding, and Wraparound decks on both sides of the home. All utility tap fees have been fully covered. Located 15 minutes from the pristine beaches of Florida's Emerald Gulf Coast, this property is perfectly situated for those seeking rental income opportunities. This residence is constructed with resilience in mind, capable of withstanding winds up to 165 mph.May be purchased with adjacent lot. The manager has listed the unit size as 728 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017