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1217 8th Avenue
About This Property
Conveniently located near schools, shopping, dining, parks, and major roadways, this lot combines affordability with long-term potential. Whether you're a builder, investor, or future homeowner, this oversized parcel presents a fantastic opportunity to secure land in a thriving Southwest Florida community. Don't miss your chance to own a half-acre homesite at an attractive price!
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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 |
|---|---|---|---|
| Jun 4, 2026 | Listed by United Realty Group Inc | $35,000 | |
| Listed by United Realty Group Inc | |||
| Jun 10, 2025 | Sold | ||
| Sold | |||
| Mar 11, 2025 | Listed | $28,900 | |
| Listed | |||
| | |||
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Great Location for this HALF ACRE LOT. Build your dream home here. Enjoy the privacy but still close to to town. Don't miss this one, buy land today before its gone.
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| Sep 1, 2022 | No longer available | - | |
| No longer available | |||
| Aug 24, 2022 | In contract | - | |
| In contract | |||
Property Highlights
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About Joel
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$1,650 /mo
- 3 Beds
- 2 Baths
- 2,394 ft²
$1,650 /mo
- 3 Beds
- 2 Baths
- 2,394 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017