101 Eric Avenue N
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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 |
|---|---|---|---|
| Oct 10, 2025 | Sold | ||
| Sold | |||
| Sep 4, 2025 | In contract | - | |
| In contract | |||
| Aug 22, 2025 | Listed by MGR Realty Services, Inc. | $360,000 | |
| Listed by MGR Realty Services, Inc. | |||
| Aug 23, 2024 | Sold | ||
| Sold | |||
| Aug 6, 2024 | Listed by Sellstate 5 Star Realty | $38,000 | |
| Listed by Sellstate 5 Star Realty | |||
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Oversize lot. Great location in the desirable SW area of Lehigh Acres. This property is situated in an area with rapid growth and a lot of new construction. Build your dream home or invest in this great piece of property! Close to Lee Blvd. and close to restaurants, schools, and shopping. Fast and easy access to state road 82. This lot is very clean. Seller have more lots available in this area.
Lote extra grande. Excelente ubicación en el deseable área suroeste de Lehigh Acres. Esta propiedad está situada en una zona con un crecimiento rápido y mucha construcción nueva. ¡Construya su casa soñada o invierta en esta excelente parcela de terreno! Cerca de Lee Blvd. y de restaurantes, escuelas y tiendas. Acceso rápido y fácil a la carretera estatal 82. Este lote está muy limpio. El vendedor tiene más lotes disponibles en esta área.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017