4707 Millstone Trail
About This Property
Nestled in the prestigious Grants Mill community, one of the last available lots offers a unique opportunity to build your custom dream home in a serene and sought-after location. Spanning .24 acres, this cleared lot is surrounded by beautiful custom homes with mature trees, providing a picturesque setting for your future residence.
Convenience is at your doorstep with a new Publix only minutes away. Families will appreciate the proximity to excellent charter and public schools, making this an ideal location for those prioritizing education.
Nature enthusiasts and outdoor lovers will be delighted by the nearby 99-acre Lynn Haven Bayou Park and Preserve, offering a tranquil escape for walks, picnics, and wildlife observation. Golfers will enjoy the close proximity to the Nature Walk Golf Course, perfect for a round of golf amidst stunning natural scenery.
For those who love boating and water activities, public boat launches are conveniently close, providing easy access to water adventures.
Seize the opportunity to become part of the Grants Mill community, where comfort, convenience, and natural beauty converge. This exceptional lot is ready for your vision - create the home you've always dreamed of in an environment that promises a harmonious blend of luxury and nature. Don't miss out on this rare opportunity!
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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