312 Grant Avenue
About This Property
Discover this beautiful vacant lot, ready for you to build your dream home. Located in a growing area with easy access to Fort Myers, this property offers a great opportunity to invest or create your ideal living space. Enjoy the convenience of nearby shopping, dining, and schools-all just a short drive away. Don't miss out on this prime piece of Florida land!
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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.
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About Joel
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,000 /mo
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- 1,734 ft²
$1,400 /mo
- 2 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017