206 WALES STREET
About This Property
Discover the ultimate freedom on this versatile 0.23-acre lot at 206 Wales St. With no HOA restrictions, this property is the perfect canvas for your lifestyle.
Property Highlights:
Versatile Use: Ideal for your Mobile Home, Truck, or RV.
Animal Friendly: Bring your pets and enjoy plenty of open space.
High and Dry: Located in a Non-Flood Zone (Zone X) for peace of mind.
Utilities: Electricity is conveniently located nearby for easy connection.
Strategic Location:
Local Convenience: Close to McDonald's, local schools, and shopping.
Proximity: Only 40 minutes to Gainesville, 1 hour to Ocala, and 1 hour and 20 minutes to the beach.
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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 |
|---|---|---|---|
| Jul 29, 2026 | Price Increased |
$9,000
↑ $500
(5.9%) | |
| Price Increased | |||
| Jul 7, 2026 | Price Decreased |
$8,500
↓ $299
(3.4%) | |
| Price Decreased | |||
| Jun 10, 2026 | Price Decreased |
$8,799
↓ $201
(2.2%) | |
| Price Decreased | |||
| May 6, 2026 | Price Decreased |
$9,000
↓ $1K
(10%) | |
| Price Decreased | |||
| Apr 7, 2026 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017