1940 BELLAMY RD
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 |
|---|---|---|---|
| Jan 7, 2022 | Sold | ||
| Sold | |||
| Aug 26, 2021 | Listed by FLORIDA HOMES REALTY & MTG LLC | $549,900 | |
| Listed by FLORIDA HOMES REALTY & MTG LLC | |||
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Income Opportunity or the perfect foundation for your dream home!
50 Acre Registered Tree Farm with Forestry Management Plan in place through the Florida Forest Service and the Forest Stewardship Program. The Forest Service put in place a fire break around the entire property. Property is high and dry with an elevation ranging from 140 to 190 ft. Greenbelted so low taxes! 900 foot of underground electric, 200amp service going to a pad mount transformer that powers a RV hook-up. Deep water well (224ft) put in by Layman Well Drilling. Survey is on file. Clay County is directly on the other side of Bellamy Rd. Live near Clay County without the impact fees. Not far from the new expressway being built. Georges Lake boat ramp just down the road. Located near Belmont and Etoniah State Forest. Forest.
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| Mar 28, 2018 | Sold | ||
| Sold | |||
| Apr 6, 2016 | Listed by COLDWELL BANKER BEN BATES INC | $174,900 | |
| Listed by COLDWELL BANKER BEN BATES INC | |||
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Build your dream home or have plenty of property to hunt in a great area. 50 +/- acres of high and dry property in a great location. Motivated Seller! ALL OFFERS WILL BE CONSIDERED. $2,500 selling agent bonus!!
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| Feb 2, 2002 | Listed by COLDWELL BANKER BEN BATES INC | $125,000 | |
| Listed by COLDWELL BANKER BEN BATES INC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017