TL 2300 Hwy 101
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 5, 2025 | Listed | $519,000 | |
| Listed | |||
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Beautiful ONE ACRE of OCEAN FRONT lot Septic approved, REQUIRED land lot verification approved with Lane County 9/2022 and Coastal Overlay completed 7/23. The well is dug, tested in 2022 at 10+gals/min, property, surveyed and corned marked. Located in the Lane County where they allow for nightly rentals and any structure! Stick built, manufactured, container home! Lot also zoned for an additional guest house on the property. Location, location, location!You will not find a more scenic 10-mile stretch of shoreline on HWY 101. This lot is in the center of this majesty! Seller is a licensed broker in Georgia. 1.91 acre but 1 acre usable. Owner Finance:1. 10% down. 7% interest rate. Up to 8 year term.2. 20% down. 5% interest rate. Up to 8 year term.
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| Mar 31, 2024 | No longer available | - | |
| No longer available | |||
| Oct 22, 2023 | Listed by Nicole Maggard Real Estate | $679,000 | |
| Listed by Nicole Maggard Real Estate | |||
| | |||
|
Beautiful ONE ACRE of OCEAN FRONT lot Septic approved, REQUIRED land lot verification approved with Lane County 9/2022 and Coastal Overlay completed 7/23. The well is dug, tested in 2022 at 10+gals/min, property, surveyed and corned marked. Located in the Lane County where they allow for nightly rentals and any structure! Stick built, manufactured, container home! Lot also zoned for an additional guest house on the property. Location, location, location! You will not find a more scenic 10-mile stretch of shoreline on HWY 101. This lot is in the center of this majesty! Seller is a licensed broker in Georgia
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| Sep 6, 2023 | No longer available | - | |
| No longer available | |||
| Aug 29, 2023 | Listed by Nicole Maggard Real Estate | $679,000 | |
| Listed by Nicole Maggard Real Estate | |||
| | |||
|
Beautiful ONE ACRE of OCEAN FRONT lot Septic approved, REQUIRED land lot verification approved with Lane County 9/2022 and Coastal Overlay completed 7/23. The well is dug, tested in 2022 at 10+gals/min, property, surveyed and corned marked. Located in the Lane County where they allow for nightly rentals and any structure! Stick built, manufactured, container home! Lot also zoned for an additional guest house on the property. Location, location, location! You will not find a more scenic 10-mile stretch of shoreline on HWY 101. This lot is in the center of this majesty! Seller is a licensed broker in Georgia
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017