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Map
1116 EIGHTH AVE
About This Property
open layout, spacious rooms, installed sprinkler system, and an exterior lanai prepped for a future outdoor
kitchen. Plenty of space to expand or add a pool, store recreational toys, or create your own outdoor oasis. This
home provides a peaceful setting with convenient access to shopping, schools, and major roadways. Don't miss
this opportunity to own a spacious property with exceptional potential! SELLER CONTRIBUTION AVAILABLE -
LOWER YOUR MONTHLY PAYMENT!
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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 18, 2026 | Sold | ||
| Sold | |||
| Aug 22, 2026 | In contract | - | |
| In contract | |||
| Jul 11, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 10, 2026 | Listed by List In MLS Realty, LLC | $359,000 | |
| Listed by List In MLS Realty, LLC | |||
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|
New construction! Beautiful 4-bedroom, 2-bath home on a ½-acre lot in growing Lehigh Acres. Features an open layout, spacious rooms, installed sprinkler system, and an exterior lanai prepped for a future outdoor kitchen. Plenty of space to expand or add a pool, store recreational toys, or create your own outdoor oasis. This home provides a peaceful setting with convenient access to shopping, schools, and major roadways. Don’t miss this opportunity to own a spacious property with exceptional potential! SELLER CONTRIBUTION AVAILABLE — LOWER YOUR MONTHLY PAYMENT!
| |||
| Jul 5, 2026 | Withdrawn | - | |
| Withdrawn | |||
Property Highlights
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About Joel
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017