3936 CR 311
About This Property
A major added benefit is that impact fees have already been paid, providing a significant cost savings and making this property even more attractive for those planning to build. The land is completely fenced, adding immediate functionality and peace of mind.
The utilities are also already in place. Currently Zoned R-PUD with agricultural alignment, this property offers flexible development opportunities: retain the full 10 acres for a custom build, subdivide into two 5-acre parcels, or explore potential for an RV or mobile home park (subject to approvals). Well-positioned for immediate planning and development, this site is an exceptional opportunity for investors, developers, or owner-occupants. Contact us today to learn more or schedule a viewing.This is your canvas in a prime location Enjoy the privacy and charm of rural living while still being conveniently located near major roadways, shopping, and everyday amenities.
Opportunities like this offering location, usability, and savings are increasingly hard to find. Secure your piece of Central Florida land today and bring your vision to life.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017