215 HELEN Avenue
About This Property
Owning this property gives you the luxury of access to many outdoor enjoyments including fishing, boating, and exploring the stunning waterways. With R2 zoning, the possibilities are endless - envision your dream retreat, whether it be a charming mobile home or site-built masterpiece. Not far from restaurants, Oaks Golf Course, Mud Springs, and many other attractions and amenities. Buyer to do due diligence, there are no utilities on the property and buyer will need a survey to confirm lot lines. Build with NO impact fees in Putnam County. Enjoy the tranquility of country living while remaining within arm's reach of the sun-kissed beaches, historic allure of St. Augustine, and the vibrant cityscapes of Jacksonville and Orlando!
This lot will not last long, and values are only going up-making this a great long-term investment.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017