20052 GRANNY Lane
About This Property
(Or should I say Farm with EQUITY) List price is 20,000.00 under the most recent appraised value!!!
This gorgeous 13+- acre parcel is READY to accommodate you and your dreams!!! This property features a charming and immaculately maintained 1975 mobile home nestled within a partially cleared landscape. Surrounded by the natural beauty of trees and foliage, The open land offers potential for various outdoor activities or further development, providing a peaceful retreat with a blend of nature and residential comfort.
Opportunities are ENDLESS with this one whether you're looking to build your dream home, remodel the existing dwelling, homestead, start a farm... you name it!
With little to no deed restrictions, The potential is UNLIMITED.
Property has quick access to the beautiful St Mary's River, an awesome amenity to Nassau County! Mobile home has a tin roof and a large pole barn/shop out back. VALUE IS IN THE LAND. HOME IS NOT FINANCEABLE. Well & septic Tank are in working order. This 13 acre piece of property is zoned OR (Open Rural). Flood Zone is A.
Buyer to do their own Due Diligence!
Property to be sold AS - IS with the right to inspect!
BONUS*** If you choose to demo this home and build your own, NO IMPACT FEE IS REQUIRED. WELL, SEPTIC AND POWER ARE ALREADY ESTABLISHED AMENITIES HERE, BRINGING LOT'S OF VALUE TO YOUR RAW LAND.
Appraisal, Sellers Disclosure, Property Card, Demo Quote and more on file!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017