4854 Highway 231
About This Property
The land is thoughtfully laid out with second fenced-off section, making it ideal for animals, gardens, or rotational use. An older chicken coop and dog pen are already on the property, and a lawn mower and chainsaw convey, helping you bring the land back to life. For added peace of mind, six security cameras will remain with the home.
This property truly shines in its established plantings and fruit trees, a rare find for homesteaders. The land features Banana trees, Japanese and Red Magnolia trees, Sago palms, Pink Roses, fresh mint, Blue Hydrangeas, Azaleas, and multiple Pecan trees. Fruit-bearing plants include 3 Peach trees, 2 Pear trees, 3 Fig trees (including a yellow fig), Plum tree, Pomegranate tree, Persimmons, Blueberry bushes, Apricot tree, Yellow and Red Cherry trees, and a Lemon tree. Some plantings are currently in need of attention; but with time and care they could flourish into a productive, beautiful landscape.
The back portion of the property includes fallen trees and brush, offering an excellent opportunity for clearing, firewood, or future expansion. Whether you're dreaming of a self-sustaining homestead, hobby farm, or peaceful country retreat, this property provides the land, layout, and potential to make it your own.
Furiture being sold separately.
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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 |
|---|---|---|---|
| Aug 1, 2026 | Listed by Florida Showcase Realty, LLC | $149,000 | |
| Listed by Florida Showcase Realty, LLC | |||
| Feb 27, 2023 | Sold | ||
| Sold | |||
| Sep 30, 2019 | No longer available | - | |
| No longer available | |||
| Aug 20, 2019 | Listed | $135,000 | |
| Listed | |||
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Remarks: 2.09 Acre Mini Farm. 3/2 DW MH shaded with Pecan Trees located just south of the Alabama border. Metal Roof new in 2016. 24x24 Storage Building hasdouble doors front & back and windows plus an additional 12x12 storage building both with electric will stay. Chicken cube, will stay. Front electric fencing run by solar power. This propertyIdeal for truck driver , plenty of room to make a turn , and park truck on property, exit from hwy 231 and very close to hwy I-10. New AC has been installed July 2019, new fridge and washer & dryer , will stay with purchase, some furniture also Seller will leave with house, totaly painted inside walls 2018,carpet installed dec 2018,There are 13 pecan trees, lots of fruit trees and flowers has been planted as well . The manager has listed the unit size as 1344 square feet.
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| Nov 15, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017