Tract 6 - Hwy 32 E.
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Aug 29, 2023 | Sold | ||
| Sold | |||
| Aug 1, 2023 | No longer available | - | |
| No longer available | |||
| Jul 21, 2023 | Listed by Keller Williams Realty Golden Isles | $13,016 | |
| Listed by Keller Williams Realty Golden Isles | |||
| | |||
|
Welcome to Tract 6 Highway 32 near Hortense! This exceptional tract of land on Highway 32 presents an outstanding opportunity for those seeking the perfect blend of convenience, potential, and flexibility. Nestled along the picturesque highway, this property boasts paved road frontage, a buildable area, and access to power, providing a smooth and seamless entrance to your future estate. Its strategic position offers ease of commuting to nearby towns, schools, and amenities while maintaining a tranquil and idyllic setting.
The property features mature planted pines, creating a beautiful natural landscape that will provide ample shade and privacy for years to come. The property also boasts great homesite options, allowing for plenty of customization to fit the buyer's needs.
Additionally, this property is not more than 30 minutes away from Brunswick and only 30-40 minutes from the beautiful coastal beaches of Georgia. The lack of covenants and restrictions also offers buyers flexibility in their use of the property.
Owner financing is available, making your dreams of owning this versatile piece of land a reality with ease and confidence. The owner financing terms being offered are for 10 years at 8% with a down payment of at least 10% of the purchase price of the property.
Act now and secure your future! For more information or to schedule a viewing, contact us today.
Owners are licensed agents in the state of Georgia.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017