231 N STATE ROAD 21
About This Property
Key Features:
Ideal Location: Enjoy proximity to several beautiful lakes, including Fowler Lake, as well as shops, restaurants, and entertainment options.
Utilities Ready: Utility poles are already running along the property, and electricity is easily accessible right off the paved road.
Flexible Zoning: Zoned for Agricultural VAC/RES, you can build a single-family home, a manufactured home, or even keep livestock on your land.
Natural Beauty: Surrounded by nature, this lot provides a tranquil escape while still being conveniently located.
Don't miss this rare opportunity to create your own slice of paradise! Embrace the possibilities with this expansive 1.08-acre lot, perfectly situated just off State Rd 21 and State Rd 20. This ready-to-build property offers the ideal blend of privacy and convenience, with NO HOA/NO CDD fees to worry about.
Key Features:
Ideal Location: Enjoy proximity to several beautiful lakes, including Fowler Lake, as well as shops, restaurants, and entertainment options.
Utilities Ready: Utility poles are already running along the property, and electricity is easily accessible right off the paved road.
Flexible Zoning: Zoned for Agricultural VAC/RES, you can build a single-family home, a manufactured home, or even keep livestock on your land.
Natural Beauty: Surrounded by nature, this lot provides a tranquil escape while still being conveniently located.
Don't miss this rare opportunity to create your own slice of paradise. Act now and transform this versatile property into your dream retreat!
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Cap Rate Calculator
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