5356 NUTWOOD Avenue
About This Property
Escape the ordinary and embrace Florida living on this expansive 165' x 300' lot, offering 1.13 acres of partially cleared land at the end of a quiet street - just minutes from the natural beauty of Bull Creek Campground.
Whether you're dreaming of a custom-built home or a manufactured retreat, this property is zoned for both, giving you the freedom and flexibility to create the lifestyle you want. With a survey and site plan already on file, much of the groundwork has been laid for your next step.
Love the outdoors? You'll be perfectly positioned near Dead Lake and Crescent Lake - two of the region's best freshwater fishing spots. Enjoy the peace and privacy of rural living while staying close to town conveniences and only a short drive from the beach.
This lot is perfect for full-time residents, weekend adventurers, or savvy investors looking for future potential in a growing area. Don't miss this incredible opportunity to own your own slice of Florida paradise.
Buyer responsible for all inspections and improvements.
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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