715 Roy Moore ROAD
About This Property
Want to entertain outside? The owner and his father custom built a picnic table that can seat 12 using 2x12s and 260 nuts/bolts. The table which sits under the double oak, will convey. The double oak contains thousands of miniature lights, controlled by a switch inside the home and is a sight to behold at night. Other unique aspects of the yard include a bonfire pit, smoker (which will convey) and two Mule Palms, a very rare palm. Pindo Palm (butia capitate) x Queen Palm (syagrus romanzoffyana). These are the only two known Mule Palms in Hardee County and there is only one known Mule Palm in Manatee County.Barn contains 4 or 5 stalls and a 12 x 18 tack room and has water and electricity (220v). The 12 x 18 "Foaling stall" is currently being used to store tractor. Pastures are well established and were once a hay field.
Electricity has been run to pond and a fountain has been installed to aerate the pond. Fountain is controlled by switch in home.
This property is situated on the Manatee/Hardee county line and offers the benefits of Manatee County but with the extra low Hardee County taxes. 2021 Property Ad Valorem taxes were $1067.29 and non Ad Valorem (fire and waste) totaled $418.20 for a total of $1485.49. Because of its unique location, you have a choice of school systems and depending on where you put your garbage, you have trash pickup four days a week.
Also comes with a 6500 Onan Generator (no warranty).
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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 |
|---|---|---|---|
| Sep 7, 2022 | Sold | ||
| Sold | |||
| Mar 16, 2022 | Listed by EXIT KING REALTY | $499,990 | |
| Listed by EXIT KING REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017