345 County Road 2267
About This Property
-4 mins from Beach & Boat Ramp
-No Restrictions or HOA!
-Paved Road Frontage
-Power & Water Available, Septic-Approved
-Very Buildable: Flat, No Floodplain
PROPERTY: Build your dream home or weekend getaway on this scenic 0.24-acre residential lot located just a stone's throw from Lake Holbrook. Offering the perfect blend of freedom and community, this property is ideal for anyone looking to enjoy lakeside living with no restrictions. ?? No HOA Restrictions: Enjoy complete freedom - the Lake Holbrook Estates HOA has been dissolved. Build how you want while still benefiting from a safe, high-end neighborhood vibe. ??? Paved Road Frontage: Convenient access with power and water lines available along the road, making utilities setup a breeze. ??? Flat, Buildable Terrain: With no floodplain encroachments and septic approval.
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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 |
|---|---|---|---|
| Jan 24, 2025 | Sold | ||
| Sold | |||
| Jan 9, 2025 | In contract | - | |
| In contract | |||
| Nov 11, 2024 | Listed by ListWithFreedom.com | $19,900 | |
| Listed by ListWithFreedom.com | |||
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Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20775148
Details provided by NTREIS and may not match the public record
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