xxxx St Highway 83
About This Property
Situated approximately 250 feet above sea level, this property is not in a flood zone and is positioned inland from the hurricane-prone coastline. A palm-lined entrance leads to a mature oak hammock and opens to elevated, panoramic lake views with stunning sunset vistas.
Ideal for fishing, building a private estate, or keeping for a long-term investment. A 40' x 60' newer pole barn adds immediate utility. A rare combination of lakefront acreage, elevation, and proximity to the beach!
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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 18, 2026 | Price Decreased |
$749,000
↓ $100K
(11.8%) | |
| Price Decreased | |||
| Sep 11, 2026 | Price Decreased |
$849,000
↓ $50K
(5.6%) | |
| Price Decreased | |||
| Jun 16, 2026 | Price Decreased |
$899,000
↓ $90K
(9.1%) | |
| Price Decreased | |||
| Apr 20, 2026 | Price Decreased |
$989,000
↓ $11K
(1.1%) | |
| Price Decreased | |||
| Mar 17, 2026 | Price Decreased |
$999,999
↓ $100K
(9.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017