Lot 35 John STREET
About This Property
25% down, 6.9% interest, 5 year maximum term, $12.00 a month servicing fee.
Four Lakes Community incorporates the natural beauty of the area; lots are available with stately, mature trees, surrounded by four large spring-fed lakes, perfect for a relaxing day of fishing. Clean air, peace and quiet are the norm, so leave the stress behind and come enjoy the serenity of nature. Four Lakes Community is an easy commute to Gainesville, Ocala, & Palatka. The area is growing and the prices here are still affordable. Stop by to see your opportunity to be part of the Lake Region. (Ref# C21-41)
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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 27, 2023 | Sold | ||
| Sold | |||
| Sep 27, 2023 | In contract | - | |
| In contract | |||
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CENTURY 21 LAKESIDE REALTY
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# GC379590
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