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2501 LAKE FOREST LANE
About This Property
This property is fully prepped and ready to build. The homesite has already been cleared, saving significant time and upfront cost, and the land has been successfully perc tested. In addition, preliminary work has already been completed with engineers, including home layout mock-ups, giving buyers a major head start in the building process.
Enjoy the best of Lake Anna living with easy access to the water, while still having the space, privacy, and flexibility that comes with a full 2-acre parcel.
Whether you're looking to build now or hold as an investment, opportunities like this-build-ready land with water access and views-are becoming increasingly limited in the Lake Anna market.
Contact your agent for additional details, engineering insights, and next steps.
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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