22897 COUNTY ROAD 137
About This Property
Surrounded by country setting, the property provides plenty of space for gardening, outdoor recreation, pets, or simply relaxing and enjoying the surroundings. Inside, you'll find a comfortable floor plan designed for everyday living, with ample natural light and a welcoming atmosphere. Whether you're searching for your first home, a weekend retreat, or a place to enjoy a slower pace of life, this property offers the opportunity to experience the best of rural living while remaining convenient to the Suwannee River, local springs, and all that this area has to offer. Additionally the property is part of a group of properties that enjoy a private entrance to the Suwannee River.
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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