7131 KNOXVILLE DRIVE
About This Property
2.5 acres, clean, flat, and fully build-ready with electric already installed.
Zoning allows two homes per acre, giving you the ability to build up to five homes. That's immediate equity, long-term cash flow, and serious development potential.
Located just 48 minutes from Tampa, near Wesley Chapel and San Antonio, in one of the fastest-growing areas around. Opportunities with this level of density approval do not come around often.
If you're serious about building wealth through real estate - this is it.
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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.
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About Hernando
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Currently no similar homes aroundNearby Rentals
$2,000 /mo
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$1,850 /mo
- 3 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017