5708 HAZEL ROAD
About This Property
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Build your dream getaway on this vacant wooded lot not too far from the peaceful shores of Wolf Lake (Sebring, Florida). Surrounded by nature and nestled in a quiet neighborhood with homes nearby, this property offers both privacy and a welcoming community feel. Located in Sebring, Florida, home of the world-famous 12 Hours of Sebring, you'll enjoy a vibrant area known for its outdoor recreation, fishing, and watersports all year long. A public boat ramp on the west side of Wolf lake makes it easy to launch into your next adventure. Plus, you're just a short two-hour drive from either coast and major metropolitan cities-perfectly positioned for convenience and escape. Come experience the best of lakeside living and Florida's natural beauty!
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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