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1365 SHIELDS STREET
About This Property
Conveniently located just minutes from Interstate 75, providing easy access north toward Sarasota and south toward Fort Myers. Everyday errands are a breeze with shopping centers, a variety of restaurants, and a nearby Publix supermarket. Enjoy the added convenience of being within walking distance to an elementary school and neighborhood park. Beyond local conveniences, enjoy easy access to Southwest Florida's premier lifestyle amenities, including numerous golf courses offering a different course to enjoy throughout the week. Just 7 miles from charming Fishermen's Village, where you can enjoy waterfront dining, shopping, and marina views.
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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 25, 2026 | Price Decreased |
$26,900
↓ $1K
(3.6%) | |
| Price Decreased | |||
| Sep 8, 2026 | Listed by BRIGHT REALTY | $27,900 | |
| Listed by BRIGHT REALTY | |||
| May 11, 2026 | Sold | ||
| Sold | |||
| Apr 15, 2026 | In contract | - | |
| In contract | |||
| Mar 21, 2026 | Relisted | $20,500 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017