86038 JOHN Street
About This Property
Rare opportunity to own an affordable 0.29-acre parcel in Yulee with no HOA or CDD fees! Recently cleared and cleaned up, this partially fenced property is ready for a new owner with a fresh vision. Beautiful, mature oak trees create a peaceful, shaded setting, while a new electrical panel, private well, and septic system add valuable improvements. The property is conveniently located on a quiet, dead-end street, a paved asphalt road offering easy year-round access.
The existing approximately 600-square-foot mobile home could potentially be remodeled, but the true value lies in the land and the opportunity to create a space of your own.
Enjoy a quiet, country-like atmosphere while remaining close to Yulee's growing employment centers, shopping, dining, and everyday conveniences. Bring your vision and explore the possibilities this unique property has to offer!
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017