4550 Wright Bros ROAD
About This Property
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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 |
|---|---|---|---|
| Sep 23, 2022 | Sold | ||
| Sold | |||
| Mar 21, 2022 | Listed by SPANN & ASSOCIATES REAL ESTATE | $79,999 | |
| Listed by SPANN & ASSOCIATES REAL ESTATE | |||
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This is a great lot to build your dream HANGAR HOME on. Direct access to taxi your airplane/aircraft to a lighted 3,000 ft asphalt runway/airstrip. Corner lot. Ridge Landing Airpark offers the lifestyle for every aviation enthusiast. Situated in Frostproof Florida, Ridge Landing has one to two acre home-sites, wooded park areas and rear 60’ wide taxiways access to each lot within this community. The natural beauty has been enhanced by an elegant landscaped gated entrance, streets are illuminated with canopy style street lighting. The runaway is 3000’ X 60’ asphalt-paved with radio controlled lighting. Ridge Landing is centered in the heart of Florida, located 8 miles South of Lake Wales. For those who enjoy a quick getaway, the Bahamas are approximately 300 nautical miles away!
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| Sep 9, 2021 | Sold | ||
| Sold | |||
| Jul 27, 2021 | Listed by SPANN & ASSOCIATES REAL ESTATE | $109,000 | |
| Listed by SPANN & ASSOCIATES REAL ESTATE | |||
| Aug 25, 2015 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017