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1107 Meadow Road
About This Property
The property is mostly grassy with a few trees, offering a great starting point for development. Conveniently located with easy access to SR-82 and Daniels Parkway, providing a straightforward commute to Fort Myers, shopping, dining, schools, Southwest Florida International Airport, and other area destinations.
Enjoy a quiet residential setting with continued growth and development throughout this area of Lehigh Acres. Whether you're looking to build now or hold for the future, this oversized corner lot offers excellent investment potential in one of Southwest Florida's rapidly growing communities.
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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 |
|---|---|---|---|
| Aug 14, 2026 | Listed by Realty One Group MVP | $88,000 | |
| Listed by Realty One Group MVP | |||
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About Westminister
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