0 Hwy 29
About This Property
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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 21, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Jan 24, 2025 | Listed by Yasmine Khrino | $29,999 | |
| Listed by Yasmine Khrino | |||
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Dreaming of owning a piece of Florida? This 0.2-acre vacant land on S SR 29, Labelle, FL 33935 is zoned Commercial and Previously had a structure. Investors this is your chance to build something special. Nestled in the charming and rapidly developing Labelle area, this land combines convenience with frontage on SR 29 across from the VFW Lodge. Labelle Airport just minutes away! Whether you are looking to invest in a growing area, start a project, this property offers endless potential.
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| Jan 22, 2024 | Sold | ||
| Sold | |||
| Jan 3, 2024 | Listed by RE/MAX Consultants Realty 1 | $29,000 | |
| Listed by RE/MAX Consultants Realty 1 | |||
| May 23, 2006 | Listed by Berkshire Hathaway Florida | $19,999,999 | |
| Listed by Berkshire Hathaway Florida | |||
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Power lines near property. Property is south of I75 with frontage on State Road 29.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017