$200,000
●
House -
Off Market
155 Marion Avenue
LABELLE, FL 33935
2 Beds
2 Baths
1,111 Ft²
$1,506
Est. Monthly
10.48%
Cap Rate
About This Property
SELLER IS MOTIVATED! Welcome to your own piece of paradise in
LaBelle! This home is nestled on 3.1 acres of lush land, with lots
of LaBelle's famous Old Oaks, providing you with plenty of space
and privacy. With 2 bedrooms and 2 bathrooms, this fixer upper is
just waiting for your personal touch to make it shine. The detached
barn/workshop is perfect for storing all of your tools and
equipment or could even be converted into a studio or office. This
property is truly a blank canvas, ready for you to create the home
of your dreams. Whether you're looking for a peaceful retreat away
from the hustle and bustle of city life, or a place to start a new
chapter with your family, this home has everything you need. Don't
miss out on this incredible opportunity to own a piece of LaBelle's
countryside. NOT IN A FLOOD ZONE!
Unit Size
1,111 Ft²
Days on Market
118 days
Land Size
3.10 acres
Price per sqft
$225
Property Type
House
Property Taxes
$279
HOA Dues
-
Year Built
1986
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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 (SWFLMLS #224045802)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 18, 2024 | Sold | ||
| Sold | |||
| Aug 31, 2024 | In contract | - | |
| In contract | |||
| Jul 17, 2024 | Listed | $249,900 | |
| Listed | |||
| | |||
|
SELLER IS MOTIVATED! Welcome to your own piece of paradise in LaBelle! This home is nestled on 3.1 acres of lush land, with lots of LaBelle's famous Old Oaks, providing you with plenty of space and privacy. With 2 bedrooms and 2 bathrooms, this fixer upper is just waiting for your personal touch to make it shine. The detached barn/workshop is perfect for storing all of your tools and equipment or could even be converted into a studio or office. This property is truly a blank canvas, ready for you to create the home of your dreams. Whether you're looking for a peaceful retreat away from the hustle and bustle of city life, or a place to start a new chapter with your family, this home has everything you need. Don't miss out on this incredible opportunity to own a piece of LaBelle's country
| |||
| May 23, 2024 | Listed by Southern Heritage Real Estate | $259,900 | |
| Listed by Southern Heritage Real Estate | |||
Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
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Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Hendry
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Listed by: Gregory Bone, Southern Heritage Real Estate
Last Updated: 3 years ago
Data Source: SWFLMLS, MLS# 224045802
Last Updated: 3 years ago
Data Source: SWFLMLS, MLS# 224045802
The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2026 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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