5
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1306 MICHAEL AVENUE
About This Property
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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 8, 2026 | Listed by EXP REALTY LLC | $31,900 | |
| Listed by EXP REALTY LLC | |||
| Apr 1, 2026 | No longer available | - | |
| No longer available | |||
| Aug 24, 2025 | Listed by EXP Realty LLC | $33,000 | |
| Listed by EXP Realty LLC | |||
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Discover the perfect canvas for your new home or investment project! This spacious vacant lot is located in a desirable area of Lehigh Acres, surrounded by a mix of established homes and new construction. Offering plenty of room for your custom single-family home, this property is nestled in a quiet neighborhood; close to schools, shopping, dining and major roadways like SR-82 and I-75. Bring your offers!
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| Apr 4, 2024 | No longer available | - | |
| No longer available | |||
| Mar 12, 2024 | In contract | - | |
| In contract | |||
Property Highlights
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About Joel
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$1,950 /mo
- 4 Beds
- 2 Baths
- 1,933 ft²
$1,700 /mo
- 3 Beds
- 2 Baths
- 1,197 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017