151 APOLLO DRIVE
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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 31, 2026 | Listed by PELICAN REALTY CORP | $47,000 | |
| Listed by PELICAN REALTY CORP | |||
| May 3, 2025 | Listed | $55,000 | |
| Listed | |||
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Rotonda Lakes pond view home site near the Rotonda Blvd. East entrance and with newer homes around. This 7,891 square foot (.18 acre) home site overlooks a canal and pond area with a west exposure from the backyard. County water and sewer and electric on site. New home plans have already been chosen and priced with a local home builder so you can make this the site of your new home.Build-Ready Lot Backing Onto Water in Beautiful Rotonda West!
Don't miss this rare opportunity to start your Florida dream build right away! This fully cleared, serviced lot (municipal water & sewer) backs onto a peaceful pond and comes complete with a paid building permit and transferable custom building plans for a stunning 1,900 sq ft bungalow featuring 3 bedrooms + den and a double car garage.
Save time and money—deposits on windows and trusses are already paid and transferable to the new owner. Enjoy the perfect blend of nature and convenience in this sought-after Rotonda West location, close to beaches, golf, and all amenities.
Start building immediately—everything is in place(see attachments).
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| Mar 10, 2022 | Sold | ||
| Sold | |||
| Jun 10, 2021 | Listed by PELICAN REALTY CORP | $28,900 | |
| Listed by PELICAN REALTY CORP | |||
| Jun 1, 2021 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017