98 LEE DRIVE
About This Property
Located in an established neighborhood with no HOA restrictions, you'll have the freedom to build and design the way you want. The location is hard to beat-conveniently close to I-95, providing quick access to St. Augustine, Daytona Beach, and Orlando, while still offering a peaceful residential setting. Plus, you're only a short drive from the stunning beaches of Florida's East Coast, perfect for weekend getaways, boating, and coastal living.
Whether you're ready to build now or planning for the future, this oversized lot offers the space, flexibility, and prime location to bring your dream home to life in beautiful Palm Coast.
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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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About Mantanza Woods
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$1,750 /mo
- 2 Beds
- 2 Baths
- 1,443 ft²
$1,995 /mo
- 3 Beds
- 2 Baths
- 2,362 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017