SR16 STATE ROAD 16
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%.
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 |
|---|---|---|---|
| Nov 27, 2022 | No longer available | - | |
| No longer available | |||
| Nov 9, 2022 | Listed by Berkshire Hathaway HS Florida Network Realty | $5,000 | |
| Listed by Berkshire Hathaway HS Florida Network Realty | |||
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Zoned Rs3. Discover Your Build Possibilities On This Unique Lot And Location. Buyer To Verify And Conduct Due Diligence.
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| Jun 23, 2015 | Sold | ||
| Sold | |||
| Apr 28, 2015 | Listed by WATSON REALTY CORP | $100,000 | |
| Listed by WATSON REALTY CORP | |||
| Mar 25, 2015 | Listed by WATSON REALTY CORP | $175,000 | |
| Listed by WATSON REALTY CORP | |||
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Build your dream home with no neighbors on this unique property! It backs up to 500 acres of natural State owned land so you’ll be able to enjoy the wild life, including deer, wild turkey etc. Farm the trees or enjoy a lush tree lined landscape. A great location as it’s close to World Golf Village, Shopping Malls, I95 and 10 minutes to the beach. It’s zoned OR so build and bring your horses or rezone and have a business on the 1088’ of frontage on SR16.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017