233 De Soto 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 |
|---|---|---|---|
| Jul 6, 2026 | Listed by Coldwell Banker Belle Realty | $500,000 | |
| Listed by Coldwell Banker Belle Realty | |||
| Oct 16, 2024 | No longer available | - | |
| No longer available | |||
| Apr 15, 2024 | Listed by Belle Realty Co. | $500,000 | |
| Listed by Belle Realty Co. | |||
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This beautiful, oversized parcel of land - almost 3/4 of an acre - has so much to offer including an ideal location within the City of LaBelle, just east of historic Barron Park. Seldom does one find a true corner homesite with stunning, unobstructed views of the beautiful Caloosahatchee River as well as additional frontage on a navigable canal. This lovely property has been cleared and is large enough to accommodate a substantial home in size, a pool, gazebo or other out-buildings. Of course, The Caloosahatchee Waterway is instrumental to boaters in providing access to the east coast of Florida as well as the Gulf to Mexico, so the boat traffic is both varied and entertaining to say the least. Additionally, the land is accessed through a private gate and is positioned in such a way ensuring there is no through traffic. This location is perfect in so many ways. Imagine having your own private oasis, with the river literally in your backyard, while being within walking distance to the Barron Park Art Gallery, library, and the wharf. All the celebrated activities at the park including Smoke under the Oaks, The Swamp Cabbage Festival and Parade and Christmas in the Park will be there for you to enjoy at your leisure, and of course, you'll have a private, front row seat to the 4th of July fireworks on the river. Call today for your private showing.
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| Oct 1, 2004 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017