Sunrise Lot 235 BOULEVARD
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 6, 2023 | Sold | ||
| Sold | |||
| Aug 25, 2023 | In contract | - | |
| In contract | |||
| Mar 4, 2023 | Listed by PATTERSON REALTY | $55,000 | |
| Listed by PATTERSON REALTY | |||
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Under contract-accepting backup offers. Looking for the perfect spot to build our dream home? Look no further than this unimproved land located near US441 and downtown Mount Dora. This property is zoned for both single family homes and manufactured homes, offering plenty of options for your future residence. While sewer and well installation will be necessary, this lot’s prime location is worth the investment. Just minutes from US441 and 2.4 miles from downtown Mount Dora, you’ll have easy access to all the festivals and events this charming town has to offer. Plus, you’ll be a short drive away from Renniger’s Flea Market and Antique Center, where you can discover hidden treasures and unique finds. This property’s convenient location also allows for easy travel to both the Gulf Coast and the Atlantic Ocean. Within an hour and a half, you can be relaxing on the beach and soaking up the Florida sun. If you’re looking for entertainment closer to home, Orlando and Disney are only 40-50 minutes away. Keep in mind that building requirements and regulations will vary by municipality, so it will be the buyer’s responsibility to contact Zoning and Planning to determine the specific requirements for this lot. Don’t miss out on the opportunity to build your dream home in this desirable location with NO HOA!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017