657 Camino Real Boulevard
About This Property
Now's your chance to own 1.25 acres of land and enjoy the peaceful, laid-back lifestyle you've been dreaming of! Located just a few minutes from the community clubhouse, you'll have quick access to amenities like a basketball court, baseball and soccer fields, a public pool, picnic areas, a playground, and an outdoor fitness space.
This is the perfect spot for those looking for the freedom to keep farm animals, store large vehicles, or simply embrace the country way of life. In just 20 minutes, you can be in Clewiston, where local dining, shopping, and the stunning views of Lake Okeechobee-also known as "The Bass Capital of The World"-await. If you're the adventurous type, US 27 is just around the corner, where you can experience skydiving from 14,000 feet with breathtaking views of the lake.
Even better, you're only about an hour's drive from either coast, where you'll find beautiful white-sand beaches, vibrant entertainment, and more shopping and dining options. Whether you're looking to build your dream home or just escape to nature, this property offers the best of both worlds.
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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