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Lehigh Acres 33972 Richmond
1318 State AVENUE
$12,500
● Land - Off Market

1318 State AVENUE

LEHIGH ACRES, FL 33972
bedrooms
Studio
bathrooms
0 Bath
$17,551
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

Great lot to build your custom dream home on. Desirable area with easy access to major highways and shopping. No deed restrictions. Enjoy your privacy. Affordable, priced to sell and ready for your builder so, don't delay. Send your offer today!!!
Unit Size
-
Days on Market
41 days
Land Size
0.50 acres
Price per sqft
-
Property Type
Land
Property Taxes
$26
HOA Dues
-
Year Built
-

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 3 years ago (Stellar MLS #O5945489)

Price History

Date / Event Date Event Price
Oct 27, 2022 No longer available -
No longer available
Oct 27, 2022 Sold
Premium
Sold
Oct 11, 2022 In contract -
In contract
Sep 21, 2022 Price Decreased $17,900
↓ $2K (10.1%)
Price Decreased
Sep 12, 2022 No longer available -
No longer available
Show More

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,780
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: LEHIGH ACRES
  • Land Acres: 0000000500
  • Standard Land Use Code: 8001
  • County Land Use Code: 00
  • State Land Use Code: 00
  • Legal Description 1: LEHIGH ACRES UNIT 5 BLK 17 DB 252 PG 456 LOT 3

Neighborhood

  • School District Name: Lee County School District
  • Census Tract: 040211

Zoning

  • Zoning: RS-1

Geography

  • Assessors Map Reference: 32
  • Account Number: 10375516
  • Subdivision Tract Number: 05
  • Parcel: 18-44-27-05-00017.0030
  • Block: 17
  • Lot: 3
  • Meridian: SEC 18 TWN 44S RNG 27E
  • Municipality: LEHIGH ACRES FIRE & LIGHT
  • Latitude: 26.6498
  • Longitude: -81.6533

    Address

  • Full Address: 1318 State Ave
  • Legal Unit: 5
  • Address - House Number: 1318
  • Address - Street Name: State
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Lehigh Acres
  • Zip Code: 33972

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $44,305
  • Tax Rate Code Area: 048

    Market Valuation

  • Market Total Value: $14,852
  • Market Land Value: $17,214

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $14,852
  • Assessed Land Value: $17,214

    Sales

  • Current Sale Contract Date: Oct 25, 2022
  • Current Sale Recording Date: Oct 27, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 325681
  • Previous Sale Recording Date: Jul 15, 2021
  • Previous Sale Contract Date: Jun 28, 2021
  • Previous Sale Amount: $12,500
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Richmond

Stats & Trends

Median Asking:

$339,900

Sale Price/ft²

$206

Below Asking

0.02%

Average Days on Market

83

Average Home Size

1621 ft²

Average Home Age

9.1 years

Currently For Sale

284 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1002 W 12th Street, Lehigh Acres, FL, 33972

$1,225 /mo

  • 2 Beds
  • 2 Baths
  • 914 ft²
1002 W 12th Street, Lehigh Acres, FL, 33972 Listing by Cynthia Garcia

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Arlene Cowan
EATON REALTY SERVICES
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# O5945489
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1318 State Avenue built and last sold?
The property at 1318 State Avenue was built in and last sold on Oct 25, 2022 for $17,900.
How much is this home worth?
The estimated value of the home located at 1318 State Avenue is $18,079.
What are some comparable homes to 1318 State Avenue?
There are currently no comparable homes to 1318 State Avenue.
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