7905 RANDOM ROAD
About This Property
This vacant lot offers an excellent opportunity to build your future home or make a smart investment. Situated in West Bay, Florida, the property features 0.49 acres of wooded terrain with public utilities available. A mobile home has been removed, and the lot has already been scraped, cleaned, filled, and fenced, providing added preparation for future use or development. Enjoy a peaceful setting while remaining conveniently located near shopping, dining, schools, and major highways, providing easy access to city amenities. Whether you're looking for a private retreat, a development opportunity, or a long-term investment, this lot provides the flexibility and location to suit your needs. Listing is for land only and comes As Is.
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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 |
|---|---|---|---|
| Aug 13, 2026 | Price Decreased |
$104,999
↓ $1K
(0.9%) | |
| Price Decreased | |||
| Aug 6, 2026 | Price Decreased |
$105,999
↓ $2K
(1.9%) | |
| Price Decreased | |||
| Jul 30, 2026 | Price Decreased |
$107,999
↓ $2K
(1.8%) | |
| Price Decreased | |||
| Jul 23, 2026 | Price Decreased |
$109,999
↓ $1K
(0.9%) | |
| Price Decreased | |||
| Jul 16, 2026 | Price Decreased |
$110,999
↓ $2K
(1.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017