4720 12th Avenue SE
About This Property
In addition to the main parcel, the owner is offering two adjacent, already-split 2.5-acre parcels, creating the opportunity for a buyer to acquire up to 6.14 TOTAL ACRES, with approximately 75% UPLANDS across all parcels combined. The additional lots may be purchased together or separately, allowing flexibility to suit a variety of goals.
With expansive land and strong upland value, this property is ideal for creating a private estate, multi-generational compound, future building opportunities, or a strategic land investment. Whether you're seeking privacy, space to expand, or a larger footprint in Naples, this offering delivers exceptional versatility, long-term potential, and value!
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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.
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About Rural Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017