2501 N CORNERSTONE Way
About This Property
Private road access, partially cleared and partially fenced. Electric power pole approximately 80 ft from the lot entrance. A-2 zoning offers flexibility for agricultural and residential uses, making this a great opportunity for a homestead, agricultural use, or future plans. Buyer to verify zoning, permitted uses, utilities, and building requirements with Hendry County.
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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 13, 2026 | Listed by Hustle Bees Realty LLC | $220,000 | |
| Listed by Hustle Bees Realty LLC | |||
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Address: 335 Madison Avenue, New York, NY 10017