6080 HENSEL ROAD
About This Property
Discover an extraordinary chance to own over 10 acres of prime riverfront property along the picturesque Spruce Creek. This one-of-a-kind estate offers a blend of natural beauty, functional structures, and endless possibilities-making it a standout opportunity in today's market.
The property includes two large barns: a spacious metal building ideal for equipment or workshop use, and a solid concrete block structure with an upstairs office-perfect for business or hobby space. A charming single-family home also sits on the land and is currently rented, providing immediate income potential.
Whether you're dreaming of building a private estate with stunning water views or exploring development opportunities with the city, this property offers the space and flexibility to bring your vision to life. The entire parcel is fully fenced for privacy and security and includes a private dock with direct access to Spruce Creek-ideal for boating, fishing, or simply enjoying the serene waterfront lifestyle.
Opportunities like this are few and far between. Don't miss your chance to own a truly special piece of riverfront land.
Please note that all information provided is intended to be accurate, but it is not guaranteed.
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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