260 Fraser Avenue
About This Property
The oversized attached garage/workshop offers ample space for storage, hobbies, equipment, or a home-based business, while the expansive yard provides room for gardening, pets, recreational vehicles, or future improvements. Whether you're looking for a primary residence, investment property, or a place to add your personal touch, this property offers endless potential.
Conveniently located in LaBelle with easy access to Fort Myers, Clewiston, Lehigh Acres, and Immokalee, you'll enjoy the tranquility of country living while remaining close to shopping, dining, schools, and major roadways. This is a rare opportunity to own a half-acre property with space, flexibility, and room to grow.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 22, 2026 | Sold | ||
| Sold | |||
| Sep 12, 2026 | In contract | - | |
| In contract | |||
| Jul 31, 2026 | No longer available | - | |
| No longer available | |||
| May 29, 2026 | Listed by SWFL Legacy Realty Group LLC | $210,000 | |
| Listed by SWFL Legacy Realty Group LLC | |||
| Mar 14, 2026 | Withdrawn | - | |
| Withdrawn | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017