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About This Property
Discover this exceptional vacant land lot just across Saddlebrook Golf Resort in booming Wesley Chapel. Nestled on a quiet dead-end street with minimal traffic, ideal for a peaceful residential setting. This Land offers the perfect blend of privacy, accessibility and potential. Electricity and Water lines run right in front of the property, making it easy to connect and build. Rezoned to R3 that will let you build "up to 8 single family homes" (design available). Just few minutes away from restaurants, shopping centers, movie theaters and all new amenities Wesley Chapel has for you.
Whether you are looking to develop, invest or build your dream home in a growing and sought-after area, this property is a hidden gen with high upside potential.
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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 2, 2025 | Sold | ||
| Sold | |||
| Sep 16, 2025 | In contract | - | |
| In contract | |||
| Jun 16, 2025 | Listed by BHHS FLORIDA PROPERTIES GROUP | $449,000 | |
| Listed by BHHS FLORIDA PROPERTIES GROUP | |||
| Sep 3, 2021 | No longer available | - | |
| No longer available | |||
| Aug 6, 2021 | Price Decreased |
$247,500
↓ $3K
(1%) | |
| Price Decreased | |||
Property Highlights
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About Pasco
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,100 /mo
- 3 Beds
- 2 Baths
- 1,404 ft²
$3,000 /mo
- 4 Beds
- 3 Baths
- 1,742 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017