2164 LANCEWOOD STREET
About This Property
Don't miss this incredible opportunity to own a spacious 1.136-acre lot in a peaceful country setting! Whether you're looking to build your dream home or place a mobile home, this property offers endless possibilities. Enjoy the serenity of nature while still being conveniently close to town-just 20 minutes from Flagler Beach!
Located on a paved street, this lot provides easy access and plenty of space for your vision to come to life.
Act fast-this opportunity won't last long!
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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