7
Map
16916 NW 294TH STREET
About This Property
Flood Zone X means no lender-required flood insurance, keeping carrying costs lower than lots in A and AE zones. No mapped wetlands. Partially cleared and build-ready. Well and septic area; survey available. No HOA, no deed restrictions.
Minutes to Kissimmee Prairie Preserve State Park - dark skies, fishing, hunting, hiking, camping. Kissimmee River about 7 miles; the city of Okeechobee roughly 30 minutes for grocery, retail, schools, and Raulerson Hospital.
Buyer to verify zoning, setbacks, tie-down and permitting requirements, impact fees, and all utility costs with Okeechobee County. Info deemed reliable, not guaranteed; measurements approximate.
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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 |
|---|---|---|---|
| Oct 14, 2026 | Price Decreased |
$33,895
↓ $100
(0.3%) | |
| Price Decreased | |||
| Jul 22, 2026 | Listed by SAND DOLLAR REALTY GROUP INC | $33,995 | |
| Listed by SAND DOLLAR REALTY GROUP INC | |||
| Jul 8, 2002 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017