1107 N 11th Street
About This Property
Location, location, location, this unique home on a double waterfront lot in downtown Immokalee. Built in 1978 this home offers 4 bedrooms, 2 baths with 2478 sq ft of living area and with potential bonus space available. Other features include screened porch, gated front entry, wood burning fireplace, detached bus barn with workshop and additional storage shed. Once an Immokalee show-place, this home will require TLC. Situated on Friendship Lake this home has a lot to offer, a great location within walking distance of schools, shopping, dining and recreation. Easy access to SR 29 make your appointment today.
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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 |
|---|---|---|---|
| Sep 4, 2026 | Sold | ||
| Sold | |||
| Jul 27, 2026 | In contract | - | |
| In contract | |||
| Jul 22, 2026 | Listed by Riverside Real Estate Inc | $375,000 | |
| Listed by Riverside Real Estate Inc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017