34 LINDSAY DRIVE
About This Property
Don't miss out on this incredible opportunity, this spacious lot is just under a quarter acre and offers 80 feet of serene freshwater canal frontage. A true hidden gem in the sought-after Matanzas Woods community! Build at your own pace, no time frame to build and the freedom to choose your own builder. Plus, I have floorplans available that are perfectly suited for this lot if you're looking for inspiration or a head start. Located just 20 minutes from the beach and less than 10 minutes to the heart of Palm Coast, where you'll find beautiful parks, top-rated schools, shopping, dining, and more. This lot is ideal for investors, builders, or anyone looking to build their dream home or duplex in a growing and peaceful neighborhood.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017