6407 Possum Ridge Road
About This Property
This 3 BR/2 Bath brick and cedar estate is nestled on a sprawling corner lot surrounded by MATURE HARDWOODS, FLORIDIAN PINES and STATELY MAGNOLIAS!
There's a covered front porch and a covered back patio.. perfect for watching migratory songbirds or grazing deer.
Inside you'll find a sunken living room with stone 'wood-burning' fireplace! There's also a formal dining room; just off the living room.
The country kitchen features custom oak cabinetry and breakfast area.
All bedrooms are spacious; including the master suite which boasts a marble tub/shower combo and a skylight!
Of course the real appeal is the land .. nearly 4 1/2 acres! What will you do with the acreage? Lot split? Pool? Garden? Endless options.. and so much potential!
COUNTY TAXES.. QUICK COMMUTE TO THE BASE.. AND PRICED TO MOVE!
Homes sitting on this much acreage are rare in Crestview.. particularly for this price! Make an offer today!
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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 |
|---|---|---|---|
| Jun 8, 2023 | Sold | ||
| Sold | |||
| May 2, 2023 | Listed by ERA American Real Estate | $364,246 | |
| Listed by ERA American Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017