202 Monroe Avenue
About This Property
* Size: Sprawling half-acre lot, providing ample space for your vision.
* Location: Situated in a sought-after area, this property offers proximity to within minutes of N Ft. Myers shopping & restaurants, the Red Sox Spring Training and SW Florida International Airport.
*Ready to Build:This lot is ready for your dream home.
*Investment Potential: A golden opportunity for investors or homeowners looking to build equity in a rapidly growing area.
* Peaceful Living:Escape the hustle and bustle while staying close to everything you need.Endless Possibilities: With a half-acre canvas, your imagination is the limit.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jan 17, 2025 | Listed | $50,000 | |
| Listed | |||
| | |||
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Welcome to the perfect canvas for your dream home! This exceptional half-acre lot is nestled in a prime location, offering the ideal blend of tranquility and convenience, providing ample space for your vision. Escape the hustle and bustle while staying close to everything you need. Location: Situated in a sought-after area, this property offers proximity to within minutes of N Ft. Myers shopping & restaurants, the Red Sox Spring Training and SW Florida International Airport.* Lot is cleared and Ready to Build. *Investment Potential: A golden opportunity for investors or homeowners looking to build equity in a rapidly growing area.*Escape the hustle buzzle. Endless Possibilities: With a half-acre canvas, your imagination is the limit.
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| Oct 25, 2024 | Sold | ||
| Sold | |||
| Jan 22, 2024 | Listed by Keller Williams Realty Of The Treasure Coast | $28,000 | |
| Listed by Keller Williams Realty Of The Treasure Coast | |||
| Jun 12, 2022 | No longer available | - | |
| No longer available | |||
| Jun 10, 2022 | Sold | ||
| Sold | |||
Property Highlights
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About Joel
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Keller Williams Realty Of The Treasure Coast
Last Updated: 10 months ago
Data Source: Beaches MLS, MLS# R10952689
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017