5306 CUCUMBER STREET
About This Property
The surrounding area is already developed with homes, making this an appealing location for future growth while still offering a quiet, spacious setting away from the hustle and bustle. Enjoy convenient access to nearby shopping, dining, medical facilities, golf courses, fishing, and outdoor recreation. Publix and the world-famous Sebring International Raceway, home of the 24 Hours of Sebring, are approximately 8 miles away, while Walmart is about 12 miles away.
Zoned R-1 Residential, this property offers generous space, no HOA restrictions, and strong potential for those looking to build now or invest for the future.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017