Lot 8 Mallet Road
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 15, 2026 | Sold | ||
| Sold | |||
| Apr 5, 2026 | In contract | - | |
| In contract | |||
| Mar 27, 2026 | In contract | - | |
| In contract | |||
| Mar 23, 2026 | Listed by Berkshire Hathaway Home Services PenFed Realty | $339,000 | |
| Listed by Berkshire Hathaway Home Services PenFed Realty | |||
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Nestled on serene Mallet Road, these three high and dry wooded residential lots, each 0.9 acres, offer privacy and natural beauty. Zoned residential, they're ideal for your dream home or an investment. Plus, enjoy the convenience--just 7 minutes to Publix grocery store and 5 minutes to the 331 bridge. This is a rare blend of tranquility and accessibility!
Three lots totaling 2.7 acres are offered for $339,000. Seller will offer the lots individually as follows:
Lot 10 - corner of Mallet & Old Jolly Bay- $120,000.
Lot 9 - $105,000.
Lot 8 - cleared with Pole Barn - $130,000.
Ask listing Agent about a Buyer incentive for a quick close!
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| Feb 26, 2026 | Listed by ERA American Real Estate | $110,000 | |
| Listed by ERA American Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017