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About This Property
****Ecological Site Assessment and Site Map are available****
PRIME LAND FOR SALE! 1+acres on Richmond Ave and SR 46 just east of the Lake Mary Blvd. Currently this property is zoned Agricultural FUTURE LAND USE: HIPAP (High-Intensity Planned Airport). LOT DIMENSIONS,LOT SQUARE FOOTAGE AND LOT SIZE ARE ALL APPROXIMATE.
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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 |
|---|---|---|---|
| Oct 7, 2026 | Price Decreased |
$250,000
↓ $80K
(24.2%) | |
| Price Decreased | |||
| Sep 10, 2025 | Price Decreased |
$330,000
↓ $69K
(17.3%) | |
| Price Decreased | |||
| Mar 3, 2025 | Listed by S & B REALTY | $399,000 | |
| Listed by S & B REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017