54139 FOURACRE Circle
About This Property
Preferred builder available for land/home packages starting in the high 200s with tasteful upgrades! Property has been approved for impact fee waiver in Nassau county which saves THOUSANDS on a new build. Well already on property (seller makes no representation to usability). Seller will consider short term owner financing with sizable down payment. Land will be sold with single deed restriction of site built homes only - no mobile homes.
Adjacent 1 acre lot available next door - great family compound prospect! MLS 1118243
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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 |
|---|---|---|---|
| May 16, 2022 | Sold | ||
| Sold | |||
| Jun 30, 2021 | Listed by PALM CREEK PROPERTIES | $79,000 | |
| Listed by PALM CREEK PROPERTIES | |||
| May 21, 2021 | Sold | ||
| Sold | |||
| Apr 5, 2021 | Listed by RE/MAX UNLIMITED | $70,000 | |
| Listed by RE/MAX UNLIMITED | |||
| | |||
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Multiple offers Highest and best by 4/8 12:00 PM**1.683 acre lot near Duval/Nassau county line.
Cleared and ready to build, well and electric in place.
| |||
| Jul 14, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017