6419 OTTER DRIVE
About This Property
more idyllic. Webster, FL, boasts a friendly community atmosphere and offers a variety of local shops, dining establishments, and recreational opportunities. For nature enthusiasts and outdoor adventurers, Long Lake is a haven for fishing, kayaking, and birdwatching. Greet each
day with awe-inspiring sunrises over the shimmering waters and let the gentle lapping of waves lull you into relaxation every evening. Whether you seek a permanent residence or a serene vacation retreat, this property offers the lifestyle you have always dreamed of.
- Zoned R-1C (Single Family Dwelling)
- Minimum Living Area: 900 Square Feet
- No Mobile/Manufactured Homes Allowed
- Permitted Accessory Structures: Carport, Garage or other buildings not used as a dwelling
- Coordinates: 28.527197, -82.178358
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 1, 2023 | Sold | ||
| Sold | |||
| Aug 23, 2023 | In contract | - | |
| In contract | |||
| Aug 1, 2023 | Listed by DALTON WADE INC | $17,900 | |
| Listed by DALTON WADE INC | |||
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About Ridge Manor Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017