894 Cemetery Road
About This Property
The land is fully fenced and features two gated entrances, creating a sense of arrival and security. A scenic oak tree welcomes you at the private entry, setting the tone for the natural beauty found throughout the property. Over 9 acres are located in an "X" flood zone, requiring no flood insurance, with only a small portion affected by an old creek bed.
Infrastructure is already in place, including a 4-inch deep water well installed by Crumb's Well Drilling, currently solar powered and easily convertible to residential use with an electric drop. A 10x20 shed, newly added in 2024, provides immediate storage or workspace.
Located in a prime area of west Hendry County near the Lee/Hendry County line on CR 78, the surrounding community is known for high-end homes and estate properties. This particular tract stands out for its combination of usable acreage, privacy, and scenic setting. Soil and wetland reports are available, adding confidence and clarity for future plans.
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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 |
|---|---|---|---|
| Mar 12, 2026 | Sold | ||
| Sold | |||
| Feb 12, 2026 | In contract | - | |
| In contract | |||
| Jan 2, 2026 | Listed | $350,000 | |
| Listed | |||
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Tucked away at the quiet end of a dead-end road in the highly sought-after Fort Denaud area, this exceptional 10-acre tract offers a rare blend of privacy, beauty, and opportunity. Zoned Ag-2 and currently under an active cattle lease, the property is perfectly suited for a dream mini-ranch, allowing room to garden, farm, and raise animals while enjoying the peaceful rural lifestyle. The land is fully fenced and features two gated entrances, creating a sense of arrival and security. A scenic oak tree welcomes you at the private entry, setting the tone for the natural beauty found throughout the property. Over 9 acres are located in an “X” flood zone, requiring no flood insurance, with only a small portion affected by an old creek bed. Infrastructure is already in place, including a 4-inch deep water well installed by Crumb’s Well Drilling, currently solar powered and easily convertible to residential use with an electric drop. A 10x20 shed, newly added in 2024, provides immediate storage or workspace. Located in a prime area of west Hendry County near the Lee/Hendry County line on CR 78, the surrounding community is known for high-end homes and estate properties. This particular tract stands out for its combination of usable acreage, privacy, and scenic setting. Soil and wetland reports are available, adding confidence and clarity for future plans.
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| Dec 22, 2025 | Listed by Southern Heritage Real Estate | $350,000 | |
| Listed by Southern Heritage Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017