542284 LEM TURNER Road
About This Property
Need an in-law suite or something multi-generational for your own little family compound? We got you covered again! There is another additional 2 BR / 2 BA home with approximately 1,400 sqft towards the back of the property!
The grounds offer so much more, you'll have to see to appreciate it all...custom landscaping and stonework, rose/flower garden, & a 100 year old historic barn will have everyone coming by for pictures! Palm trees, magnolias, pecan trees, orange & azaleas, plus one of the oldest oaks in the county (over 14' in circumference)! With no other visible neighbor, you'll love the peaceful rural lifestyle & serenity that these sprawling 17 acres provide.
Whatever your dreams...hobby farm, multi-family living, or space to roam, this enchanting ranch presents a rare opportunity to embrace the timeless allure of country living in Northeast Florida!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 24, 2024 | Sold | ||
| Sold | |||
| Apr 4, 2024 | Listed by INI REALTY | $800,000 | |
| Listed by INI REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017