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2111 Johns Avenue
About This Property
Don't miss this exceptional opportunity to own a spacious half-acre homesite. This high-and-dry parcel offers the perfect setting to build your dream home while enjoying the peace and privacy of a rural atmosphere with convenient access to modern amenities.
Surrounded by Southwest Florida's natural beauty, this oversized lot provides plenty of room for a custom home, pool, workshop, RV, boat storage, or expansive outdoor living space. Located just minutes from shopping, dining, schools, parks, and major roadways, you'll enjoy easy access to Fort Myers, Lehigh Acres, and all that Southwest Florida has to offer.
Whether you're looking to build now or invest for the future, this property presents outstanding potential in a growing area where larger lots are becoming increasingly difficult to find.
No HOA. Bring your builder and start planning your Florida dream home today!
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017