21278 Hiking Path TRAIL
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 |
|---|---|---|---|
| Feb 10, 2023 | Sold | ||
| Sold | |||
| Dec 5, 2022 | Listed by BHHS FLORIDA PROPERTIES GROUP | $290,000 | |
| Listed by BHHS FLORIDA PROPERTIES GROUP | |||
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This beautiful and tranquil country setting lot in the Spring Lake area comes with lots of wildlife and mature trees. Part of the lot was recently cleared and divided into 2 parcels which makes it ideal to build multiple homes. The seller would prefer to sell both parcels together but is willing to sell each separately. The property is fenced on 3 sides. The HOA fee is $500 per owner and the fee covers the road and taxes on the easement. There are no mobile or manufacturer homes allowed and no commercial animals. Although the lot is secluded, it is close to US 41 and the Suncoast Expressway. It can be greenbelt for lower taxes.
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| Jul 18, 2022 | Sold | ||
| Sold | |||
| Dec 11, 2021 | Listed by SOUTHLAND PROPERTIES GROUP II | $299,900 | |
| Listed by SOUTHLAND PROPERTIES GROUP II | |||
| Sep 21, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017