23999 CEDAR RAPIDS ROAD
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 |
|---|---|---|---|
| Oct 19, 2025 | Listed by CENTURY 21 SUNBELT BURNT STORE | $75,000 | |
| Listed by CENTURY 21 SUNBELT BURNT STORE | |||
| Jul 17, 2024 | Price Decreased |
$75,000
↓ $4K
(5.1%) | |
| Price Decreased | |||
| Aug 11, 2023 | Listed | $79,000 | |
| Listed | |||
| | |||
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INVESTORS AND BUILDERS TAKE NOTE: CLEARED AND FLAT, RESIDENTIAL LOT WITH LONG VIEW LAKE FRONTAGE AND SOUTHERN EXPOSURE! Build your home here and your Buyers will love it! Buyers - this location is very desirable. This popular Burnt Store Lakes community has deed restrictions and public water and sewer to enhance your property values! With more space between lots than other subdivisions, you'll love building your new home here in Florida paradise. SOUTHERN EXPOSURE KEEPS YOUR POOL WARM IN WINTER! This lot is IDEALLY LOCATED JUST ONE STREET AWAY FROM BURNT STORE MARINA where you'll have fast, direct boating access to Charlotte Harbor and the Gulf, and a host of amenities you can enjoy such as waterside dining at Cass Cay restaurant, a challenging public 27 hole Executive golf course, Clubhouse with Linkside restaurant, tennis, fitness, Freedom Boat Club, Platinum Point Yacht Club and world-class boating and fishing just minutes away. Burnt Store Lakes also has it's own community park for gatherings and a kayak launch for direct access to the Harbor. This lot is located on a QUIET SIDE STREET with attractive homes and an active, friendly community just waiting for you!
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| Mar 1, 2023 | Sold | ||
| Sold | |||
| Aug 5, 2022 | Listed by CENTURY 21 SUNBELT BURNT STORE | $74,900 | |
| Listed by CENTURY 21 SUNBELT BURNT STORE | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017