2819 SAFFOLD ROAD
About This Property
Situated on a desirable corner lot with high-visibility frontage along busy US-301, the property is well-positioned for a variety of potential uses, including future commercial opportunities.
The land is already equipped with electric, well, and septic, and provides flexibility for agricultural, residential, or farming purposes-or the perfect setting to build your own private estate.
Enjoy the natural surroundings with the property bordering the Little Manatee River and Dug Creek, and located just a short drive from Little Manatee State Park, known for its extensive horseback riding trails and canoeing options.
Directly across Safford Road, a new subdivision is currently under construction, further enhancing the area's growth and increasing the property's long-term investment potential.
Call today for more information or to schedule a private showing.
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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.
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About Wimauma
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$2,200 /mo
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$2,750 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017