15
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21 Byrd Lane
About This Property
Enjoy the convenience of this 1.3 unrestricted acres lined with mature landscaping and beautiful trees. Downtown Brevard is only 2 miles away and the outdoor activities, hiking trails, biking and waterfalls are only steps away in every direction.
Ample attic space will allow for your imagination to design and enjoy additional square footage and even a second bathroom. Let's talk history, the original Mercantile store sits on the property and is ready for a small business, or workshop. The county has approved a septic permit and driveway for this site. Electric and water is also available. Renovate this into a studio apartment and have extra income. A second additional building site sits above on the hill.
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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 |
|---|---|---|---|
| Aug 10, 2026 | Sold | ||
| Sold | |||
| Jul 10, 2026 | In contract | - | |
| In contract | |||
| Jun 23, 2026 | Price Decreased |
$329,000
↓ $21K
(6%) | |
| Price Decreased | |||
| Jun 5, 2026 | Listed by Collective Realty LLC | $350,000 | |
| Listed by Collective Realty LLC | |||
| Mar 14, 2026 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017