238 Patio Circle
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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| Feb 10, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Jan 17, 2025 | Listed by DomainRealty.com LLC | $51,850 | |
| Listed by DomainRealty.com LLC | |||
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**DUPLEX ZONED LOT** This desirable, completely CLEARED OFF, duplex lot in a well established Southwest area of Lehigh Acres is ready for you to build your new home on! Zoned for a duplex or single family home. Located a block away from Alabama Rd, making easy access to SR82 and into Fort Myers! Newly constructed duplexes and single family homes all around. Not far to grocery stores, schools and other amenities. - Major airport just a quick drive away (RSW Southwest International Airport), as well as other adventures to explore: Fort Myers Beach, JetBlue Stadium (Home of the Red Sox spring training), Hammond Stadium (Home of the Twins spring training). Activities nearby include Lehigh Acres Community Park North; Lehigh Acres Trailhead Park; Lee County Manatee Park offering waterfront park providing paved trails, up-close views of manatees, an amphitheater & kayak rentals; Caloosahatchee Regional Park with sprawling, nearly 770-acre park featuring trails for mountain biking & hiking plus campsites & more. Not to mention the many beaches just West! SW Florida living is truly paradise!
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| Dec 6, 2024 | Sold | ||
| Sold | |||
| Nov 14, 2024 | Listed by Century 21 Move with Us | $30,000 | |
| Listed by Century 21 Move with Us | |||
| May 26, 2023 | Sold | ||
| Sold | |||
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About Alabama
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$1,900 /mo
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$1,900 /mo
- 3 Beds
- 2 Baths
- 1,222 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017