5067 MOCKINGBIRD DRIVE
About This Property
in a prime location just minutes from I-75-offering convenience with room to grow.
Built with solid bones and ready for your vision, this property is a true fixer-upper with
significant upside potential. Major improvements already in place include a 2021 HVAC
system and newer windows, providing a strong starting point for renovation. The fully
fenced backyard offers expansive outdoor space with endless possibilities-add a pool,
workshop, garden, or create the ultimate entertaining area.
Importantly, the property is high and dry and did not experience flooding during the 2024
storms, making it a standout opportunity in today's market.
Whether you're seeking a primary residence to customize, a profitable flip project, or a
long-term rental investment, this property presents exceptional value and potential in a
growing area of Dade City. Don't miss the chance to unlock the full possibilities this
property has to offer.
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Cap Rate Calculator
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 Ridge Manor
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,000 /mo
- 2 Beds
- 1 Bath
- 1,188 ft²
$1,850 /mo
- 3 Beds
- 2 Baths
- 1,520 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017