1616 Scott 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 |
|---|---|---|---|
| Feb 28, 2026 | No longer available | - | |
| No longer available | |||
| Sep 26, 2025 | Sold | ||
| Sold | |||
| Aug 29, 2025 | In contract | - | |
| In contract | |||
| Mar 31, 2025 | Listed by REALTY ONE GROUP MVP | $24,000 | |
| Listed by REALTY ONE GROUP MVP | |||
| | |||
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Build your dream home on this spacious vacant lot located in the heart of Lehigh Acres. Situated on Scott Avenue, this property offers a prime location with easy access to local amenities, schools, and parks. Enjoy the peaceful surroundings and potential for growth in this highly sought-after area of Lehigh Acres. This lot is perfect for those looking to invest in land or construct a custom home in a quiet, developing neighborhood. Don’t miss out on this fantastic opportunity! Contact us today for more information or to schedule a viewing!
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| Feb 27, 2025 | Listed by Coldwell Banker Sunstar Realty | $24,000 | |
| Listed by Coldwell Banker Sunstar Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017