$380,000
●
House -
Off Market
222 Lake Ray ROAD
HAWTHORNE, FL 32640
3 Beds
2 Baths
4,166 Ft²
$478,698
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model
About This Property
FIXER UPPER INVESTOR ALERT! Beautiful architect cypress log home
with a wrap around balcony on a 30 foot bluff overlooking spring
fed clear water Cowpen Lake through the tree tops. The 2 lots
totaling 2.28 acres of private serenity and 200 foot private beach
on Cowpen Lake and waterfront to Lake Ray on the additional vacant
lot. Cowpen Lake is great for wake boarding, wake surfing, skiing,
fishing, tubing, kayaking, jet skiing and more. This multi-split
home features a large open concept kitchen with tons of high
counter top space and large breakfast bar that overlooks the dining
room, living room, and foyer. Master bedroom with walk-in closet,
large bathroom with 2-person whirlpool tub. Full unfinished
basement with garage. Secluded and in the middle of nature, yet
only minutes from town.
Unit Size
4,166 Ft²
Days on Market
124 days
Land Size
2.28 acres
Price per sqft
$114
Property Type
House
Property Taxes
$460
HOA Dues
-
Year Built
1987
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100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 years ago (Stellar MLS #GC501890)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 19, 2022 | Sold | ||
| Sold | |||
| Jan 11, 2022 | Listed by FLORIDA HOMES REALTY & MORTGAGE PROPERTY MANAGEMENT | $475,000 | |
| Listed by FLORIDA HOMES REALTY & MORTGAGE PROPERTY MANAGEMENT | |||
| | |||
|
FIXER UPPER INVESTOR ALERT! Beautiful architect cypress log home with a wrap around balcony on a 30 foot bluff overlooking spring fed clear water Cowpen Lake through the tree tops. The 2 lots totaling 2.28 acres of private serenity and 200 foot private beach on Cowpen Lake and waterfront to Lake Ray on the additional vacant lot. Cowpen Lake is great for wake boarding, wake surfing, skiing, fishing, tubing, kayaking, jet skiing and more. This multi-split home features a large open concept kitchen with tons of high counter top space and large breakfast bar that overlooks the dining room, living room, and foyer. Master bedroom with walk-in closet, large bathroom with 2-person whirlpool tub. Full unfinished basement with garage. Secluded and in the middle of nature, yet only minutes from town. town.
| |||
| Oct 29, 2002 | Sold | ||
| Sold | |||
Property Highlights
Garage
Air Conditioning
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Putnam
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Listed by: Danyel Hughes
FLORIDA HOMES REALTY & MORTGAGE LLC
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# GC501890
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
FLORIDA HOMES REALTY & MORTGAGE LLC
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# GC501890
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017