8653 4TH STREET
About This Property
Zoned in the Planned Development District, permitting P-O which permits Office use and SOME retail, no Restaurants. Corner Lot, Level, Dry and Buildable. Approximately 200+/- of frontage on S Apopka Vineland Road and 120+/- of frontage on 4th Street.
Great Corner lot with high exposure!
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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 |
|---|---|---|---|
| Apr 10, 2025 | Sold | ||
| Sold | |||
| Dec 10, 2024 | Relisted | $775,000 | |
| Relisted | |||
| Nov 27, 2024 | In contract | - | |
| In contract | |||
| Jul 13, 2024 | Price Decreased |
$775,000
↓ $125K
(13.9%) | |
| Price Decreased | |||
| Sep 25, 2023 | Listed by COMMERCIAL REAL ESTATE PROF IN | $900,000 | |
| Listed by COMMERCIAL REAL ESTATE PROF IN | |||
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About Orange
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017