4902 SW Wild Turkey Lane
About This Property
FARMSTEAD 22 is 20 Acres with 3 acres of wetland. Owner says they are dry in the Winter and Spring. There are mature Oaks, Saw Palmetto and Sabal Palm trees. All the invasive plants have been removed. It is fenced, cross fenced and gated. A one acre pond is designed for dog training. There is a house pad, along with underground electric, well and pump. Also a Fenced RV compound with two amprv boxes. and a 26 ft RV. Included is a 47 hp Branson tractor with front loader and 7 ft mower plus more!
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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