7360 Happyface STREET
About This Property
Zoned for single-family residential use (R-1), the property boasts paved road access maintained by the county. With no HOA restrictions and a minimal annual assessment fee from the Sun N Lake District, this lot offers flexibility and low carrying costs. Short-term vacation rentals are allowed, making it a great option for generating rental income.
Imagine the possibilities as you stand on this unrestricted piece of land, perfect for sustainable living or creating a private retreat. Don't miss this incredible opportunity to invest in Sebring, FL. Contact us today to learn more and make this property yours!
TO FIND THIS PROPERTY, put these exact coordinates into your GPS system: 27.534589, -81.539919
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BUYER/BUYER'S AGENT RESPONSIBLE FOR ALL DUE DILIGENCE. SELLER IS AN OUT-OF-STATE INVESTOR.
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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 Highlands
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Currently no similar homes aroundNearby Rentals
$1,750 /mo
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$2,350 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017