$150,000
●
Mobile Manufactured -
Off Market
2003 ELM Street
Welaka, FL 32193
2 Beds
0 Bath
850 Ft²
$737
Est. Monthly
About This Property
Property zoned for low density residential. Can be commercial ,
vAlue ia in The land
Unit Size
850 Ft²
Days on Market
-
Land Size
-
Price per sqft
$176
Property Type
Mobile Manufactured
Property Taxes
-
HOA Dues
-
Year Built
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (Real MLS #1176376)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 1, 2024 | Listed by REALTY ONE GROUP ELEVATE | $133,000 | |
| Listed by REALTY ONE GROUP ELEVATE | |||
| | |||
|
Prime 1.15-Acre Residential Commercial Lot Amidst Welaka's Thriving Heart - Seize the Opportunity in One of the State's Rapidly Advancing Regions! Position yourself at the forefront by securing this remarkable commercial lot in Welaka, a vibrant hub of growth. Spanning 1.15 acres, this parcel is your entry into the dynamic development underway in the area. Welaka, renowned as a premier fishing tourist destination, is poised for exponential expansion in the near future. Often hailed as the ''Bass Capital of the World,'' Welaka boasts the prestigious Floridean Club and has garnered substantial utility grants to fuel its expansion (verification by buyer recommended). Now is your chance to be part of this exciting trajectory.
| |||
| Aug 27, 2023 | Listed by REALTY ONE GROUP ELEVATE | $143,000 | |
| Listed by REALTY ONE GROUP ELEVATE | |||
| | |||
|
Prime 1.15-Acre Residential Commercial Lot Amidst Welaka's Thriving Heart - Seize the Opportunity in One of the State's Rapidly Advancing Regions! Position yourself at the forefront by securing this remarkable commercial lot in Welaka, a vibrant hub of growth. Spanning 1.15 acres, this parcel is your entry into the dynamic development underway in the area. Welaka, renowned as a premier fishing tourist destination, is poised for exponential expansion in the near future. Often hailed as the ''Bass Capital of the World,'' Welaka boasts the prestigious Floridean Club and has garnered substantial utility grants to fuel its expansion (verification by buyer recommended). Now is your chance to be part of this exciting trajectory.
| |||
| Jun 12, 2022 | Listed by REALTY MASTERS, INC. | $150,000 | |
| Listed by REALTY MASTERS, INC. | |||
| Nov 22, 2021 | Listed by REALTY MASTERS, INC. | $150,000 | |
| Listed by REALTY MASTERS, INC. | |||
| | |||
|
Commercial lot 1.15 Acres in the Heart of Welaka one of the Fastest Developing Areas in the State. Get in on the Ground Floor and Purchase this Commercial Lot while it is still Available. Already a Great Tourist Area with Tremendous Growth Coming in the Near Furure. Freauently referred to as the Bass Capital of the World, This is the home of the Floridean Club , and has been granted huge Utility Grants for Growth ( Buyer to verifya)
| |||
| Dec 21, 2005 | Sold | ||
| Sold | |||
Property Highlights
Parking Available
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Welaka
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Listed by: GLENDA MARCHBANKS, REALTY MASTERS, INC.
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1176376
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by NEFMLS.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1176376
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