2459 OLD TRAIN ROAD
About This Property
Electric service runs along the property line, reducing infrastructure hurdles and making future development more accessible. The acreage's natural beauty provides a peaceful backdrop, while proximity to established neighborhoods, commuter corridors, and local amenities ensures convenience without sacrificing privacy.
For buyers, the property offers the chance to create a lifestyle that is uniquely theirs-whether it's a wraparound porch overlooking wide-open spaces or a modern home tucked among the trees. For investors, the parcel's location and utility access make it a strategic addition to any portfolio, with potential for subdivision, phased development, or long-term land banking.
Large tracts with utility access are increasingly scarce in Central Florida, and this property combines scale, location, and versatility in a way that is hard to find. Whether held for appreciation or transformed into a personal estate, it offers a foundation for vision, growth, and lasting value.
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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