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1415 Edison 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 |
|---|---|---|---|
| Sep 30, 2026 | In contract | - | |
| In contract | |||
| Aug 26, 2026 | Listed by ICON PREMIER GROUP, LLC | $33,000 | |
| Listed by ICON PREMIER GROUP, LLC | |||
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Room to build, with the option to double it. This HALF ACRE VACANT RESIDENTIAL lot offers a genuine blank canvas in Lehigh Acres, one of Southwest Florida's fastest-growing communities, without the price tag that comes with newer subdivisions closer to the coast. A second HALFACRE lot sits directly beside it, under the same ownership, so buyers can purchase both and create a FULL ACRE homesite with real space between neighbors, or take this lot on its own and build exactly what fits. Lehigh Acres has grown steadily into a community with its own identity, within reach of Fort Myers, and a housing market that keeps expanding, all while land here remains some of the most attainable in Lee County. For anyone ready to design their own layout instead of inheriting someone else's, this is the opportunity.
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| Aug 12, 2026 | Listed by Icon Premier Group, LLC | $33,000 | |
| Listed by Icon Premier Group, LLC | |||
| Aug 25, 2023 | Sold | ||
| Sold | |||
| Jun 15, 2016 | Sold | ||
| Sold | |||
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About Richmond
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$2,400 /mo
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$2,400 /mo
- 4 Beds
- 2 Baths
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017