35807 NOVA LANE
About This Property
But that's not all! In the guest house you will find a full kitchen, nice sized bedroom, full bathroom, laundry closet, and a front porch and back screened porch to once again enjoy the beauty of the property as well as the oppurtunity to watch gorgeous Florida sunrises and sunsets. This home provides a flexible space for guests, extended family, or excellent income as a rental. This property also offers a large shed for the storage of your boat or UTVs and a fully functional workshop with its own 200 amp electric service. This property is horse friendly, so you could add stalls back to the shop. You'll enjoy the quiet seclusion of the countryside with the convenience of nearby amenities. PROPERTY IS ON A DIRT ROAD: Please follow these directions, (not GPS.) From 44, North on 437. Right on Leonard Way. Left at Roger Road. Right at Nova Lane. The property is at the end of the road.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 23, 2026 | Sold | ||
| Sold | |||
| Feb 19, 2026 | In contract | - | |
| In contract | |||
| Jan 11, 2026 | Price Decreased |
$535,000
↓ $15K
(2.7%) | |
| Price Decreased | |||
| Sep 1, 2025 | Price Decreased |
$550,000
↓ $10K
(1.8%) | |
| Price Decreased | |||
| Jul 12, 2025 | Listed by RIVER REALTY GROUP | $560,000 | |
| Listed by RIVER REALTY GROUP | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017