481 Clifton ROAD
About This Property
Crescent City Florida located in Putnam County population 1654is nestled in-between Crescent Lake and Lake Stella offers a quaint downtown area with historic buildings. The area offers plenty of cultural attractions such as art galleries, museums and live music venues. The town offers a variety of outdoor activities such as fishing, boating and swimming. Close to Saint Augustine Jacksonville, Deland, Palm Coast and Daytona Beach makes Crescent City an ideal place to live for those who want to get away from the hustle and bustle without sacrificing amenities.
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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 8, 2023 | Sold | ||
| Sold | |||
| Aug 9, 2023 | Listed by REALTY EXCHANGE, LLC | $199,900 | |
| Listed by REALTY EXCHANGE, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017