2809 Frontier Circle
About This Property
Professionally renovated in 2020, the home boasts beautiful wood-look tile flooring throughout, fresh paint, and a newer 4-ton RUUD Ultra A/C unit to keep you comfortable year-round. It's also wired for a whole-home generator, offering peace of mind during any season. Each bedroom comes with a walk-in closet, and the expansive master suite is a true retreat, complete with a luxurious bathroom featuring a separate glass-enclosed shower and a relaxing soaking garden tub-ideal for unwinding after a long day. Topped with a durable metal roof, this home is built to last.
For those who love the outdoors, the property is a dream. It includes barn stalls with running water, a separate pole barn equipped with water and electricity, and a large storage shed. The 2-car attached oversized garage provides ample storage for your vehicles, boats or toys, while the property is fenced and cross-fenced, making it ideal for horses and other livestock. Beautiful oak trees provide shade, adding to the serene, country atmosphere.
Although this home lies on the edge of Glades County, LaBelle is a small city in Hendry County, Florida, known for its rich history, rural charm, and connection to Florida's agricultural industry. Situated along the Caloosahatchee River, it provides opportunities for boating, fishing, and scenic views, making it a popular spot for locals and visitors alike. LaBelle is famous for its annual Swamp Cabbage Festival, which celebrates the "hearts of palm" from the sabal palm tree. The festival, held every February, is a popular local event featuring food, parades, music, and entertainment. For those who enjoy a rural, small-town lifestyle with a close-knit community feel, this home is for you! Its proximity to larger cities like Fort Myers (about 30 miles away) allows residents access to more urban amenities while still maintaining a quieter, more peaceful setting.
Enjoy the tranquility of country living with the convenience of being close to town. This stunning LaBelle home offers the best of both worlds, and is move-in ready and waiting for you!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017