23114 Avenue D
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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 8, 2025 | Listed | $12,000 | |
| Listed | |||
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Amazing opportunity alert! Build your dream home in paradise! Currently, you can build a single home, a Tiny Home, or a Modular Home. If you're interested in placing a manufactured home, it will need to be rezoned. The application fee is $25 and the building and zoning process will take between 9 to 12 months. For more information, please contact building and zoning. Don't miss out on this rare chance to create your own piece of paradise!
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| Jan 29, 2024 | Listed by Dream Street Realty LLC | $12,000 | |
| Listed by Dream Street Realty LLC | |||
| Mar 6, 2022 | No longer available | - | |
| No longer available | |||
| Feb 2, 2022 | In contract | - | |
| In contract | |||
| Oct 14, 2021 | Listed by Dalton Wade, Inc | $10,000 | |
| Listed by Dalton Wade, Inc | |||
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We are waiting on approval from the city to allow manufactured homes (to be rezoned). I know of a vacant lot lender who can lend up to 90% LTV. Currently, you can build a single home, a Tiny Home, and a Modular Home. In order to place a manufactured home, it will need to be rezoned. The cost for the application will be $25 and it will take between 9 to 12 months for building and zoning to decide. Also, you can confirm the facts with building and zoning 239 533 8329. It's minutes away from Charleston Park, and close to the Daniel Preserve Spanish Creek is located right off Highway 80, EASY ACCESS TO LEHIGH ACRES, LABELLE, FORT MYERS, I -75. on the outskirts of Alva and just minutes from the Labelle Walmart. SHort drive to drive to either Fort Myers airport or Punta Gorda, beaches, and spring training facilities.I know of a vacant lot lender who can lend up to 90% LTV.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017