16 County Rd 8343/Elk Ct
About This Property
Highlights:
Nearly 1 acre on a cul-de-sac street in desirable Winter Park Ranch
Development-friendly site with potential for multifamily units
Joint Venture structure available - ideal for investors or partners
Minutes to top-rated recreational amenities and resort destinations
Peaceful, wooded setting with year-round appeal
Whether you're seeking an income-producing asset or planning your ultimate mountain escape, this lot checks every box
Listed By
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 26, 2025 | Listed by THE SIMPLE LIFE R.E. COMPANY | $550,000 | |
| Listed by THE SIMPLE LIFE R.E. COMPANY | |||
| Sep 25, 2012 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017