21485 NW 248th STREET
About This Property
property offers a canvas for your dreams to come to life. Boasting the flexibility to accommodate both residential and manufactured homes, this
parcel is the epitome of versatile living. For those who seek a harmonious blend of nature and adventure, the proximity to Kissimmee Prairie
State Park will undoubtedly captivate your spirit. A short drive from your doorstep, this park promises boundless opportunities for hunting,
camping, stargazing, and a plethora of outdoor activities. Immerse yourself in the serene beauty of nature while enjoying the comforts of your
private sanctuary. Convenience is at your fingertips with easy access to major highways. Whether you're commuting for work or embarking on a
leisurely journey, the seamless connectivity ensures that you're always well-connected to your desired destinations. The enchanting allure of
Disney, the serene splendor of Lake Okeechobee, and an array of other captivating attractions are all within your reach, adding a touch of magic
to your everyday life. Don't miss the chance to explore this remarkable piece of land that holds endless potential. Schedule a visit today and
seize the opportunity to own a slice of Okeechobee's natural beauty. With its prime location, versatility, and the promise of unforgettable
memories waiting to be made, this property is a rare find that won't stay on the market for long. Embrace the possibilities – your future oasis
awaits!
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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