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Polk 33860
3960 HILLGRADE ROAD
$56,000
● Land - Off Market

3960 HILLGRADE ROAD

MULBERRY, FL 33860
bedrooms
Studio
bathrooms
0 Bath
$300
Est. Monthly
49.35%
Cap Rate

About This Property

Build your dream home on nearly an acre in the heart of Mulberry! This 0.96-acre lot offers the space, privacy, and flexibility you've been looking for. Tucked away on Hillgrade Road, the property provides a peaceful setting while still keeping you close to everyday conveniences. With easy access to Hwy 60 and the Polk Parkway, you'll enjoy a quick commute to Lakeland, Bartow, and Plant City, plus an easy drive to Tampa and Orlando. Mulberry is known for its small-town charm, welcoming community, and proximity to schools, parks, and shopping. Whether you're looking to build a private retreat, start your next investment, or secure land in a steadily growing area of Polk County, this property is a rare opportunity. With almost a full acre to work with, the possibilities are endless! Call for more details today!!!
Unit Size
-
Days on Market
23 days
Land Size
0.96 acres
Price per sqft
-
Property Type
Land
Property Taxes
$5
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 12 months ago (Stellar MLS #TB8426509)

Price History

Date / Event Date Event Price
Oct 7, 2025 Sold
Premium
Sold
Sep 18, 2025 In contract -
In contract
Sep 7, 2025 Listed by AGILE GROUP REALTY $60,000
Listed by AGILE GROUP REALTY

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 41,948
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: ALAMEDA HEIGHTS
  • Land Acres: 0000000963
  • Standard Land Use Code: 8001
  • County Land Use Code: 0001
  • State Land Use Code: 00
  • Legal Description 1: N 415 FT OF E 105 FT OF SW1/4 OF NE1/4

Neighborhood

  • School District Name: Polk County School District
  • Census Tract: 014802

Zoning

  • Zoning: RC

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Subdivision Tract Number: 000000
  • Parcel: 23-30-16-000000-014100
  • Meridian: SEC 16 TWN 30S RNG 23E
  • Municipality: UNINCORP/SWFWMD
  • Latitude: 27.8757
  • Longitude: -82.0104

    Address

  • Full Address: 3960 Hillgrade Rd
  • Address - House Number: 3960
  • Address - Street Name: Hillgrade
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Mulberry
  • Carrier Code: R001
  • 4-Digit Zip Code: 6901
  • Zip Code: 33860

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,357
  • Tax Rate Code Area: 90000

    Market Valuation

  • Market Total Value: $4,045
  • Market Land Value: $4,045

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $4,025
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Polk

Stats & Trends

Median Asking:

$315,000

Sale Price/ft²

$180

Below Asking

0.02%

Average Days on Market

74

Average Home Size

1945 ft²

Average Home Age

22.7 years

Currently For Sale

7070 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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STELLAR

Listed by: Justin Noe, PA
AGILE GROUP REALTY
Last Updated: 12 months ago
Data Source: Stellar MLS, MLS# TB8426509
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 3960 Hillgrade Road built and last sold?
The property at 3960 Hillgrade Road was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 3960 Hillgrade Road is $0.
What are some comparable homes to 3960 Hillgrade Road?
There are currently no comparable homes to 3960 Hillgrade Road.
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