36
Map
324 BREAM POND Road #LOT34
About This Property
subdivision surrounding and including Bream Pond in Northern Bay County. All platted, paved roads, underground electric.With all of the recent growth in the Sand Hills portion of Northern Bay County, this property is ready-to-go. This lot is about 1/2 mile East of Hwy 77 and 1/2 mile South of Hwy 20 making it a very convenient location. Bream Pond is a beautiful 30 Acre Lake that is known for it's fishing. It has clean clear water and a white sand lake bottom making it a desirable lake for swimming, kayaking, and other water activities
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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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