27
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435 Petite Avenue
About This Property
The home offers modern tile flooring throughout, contemporary bathrooms with sleek finishes and sliding glass shower doors, impact-resistant windows and doors, and a spacious 2-car garage with epoxy flooring. The paver driveway provides parking for up to 4 additional vehicles.
Step outside to a spacious lanai overlooking the large, fully fenced backyard, with plenty of room to add a pool. The property also features a generous front yard, making this a wonderful opportunity to enjoy a brand-new home with modern finishes and exceptional
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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 |
|---|---|---|---|
| Oct 1, 2026 | Price Decreased |
$349,900
↓ $15K
(4.1%) | |
| Price Decreased | |||
| Aug 16, 2026 | Listed by Partnership Realty Inc. | $365,000 | |
| Listed by Partnership Realty Inc. | |||
| Nov 26, 2024 | Sold | ||
| Sold | |||
| Oct 23, 2024 | In contract | - | |
| In contract | |||
| Sep 18, 2024 | Listed by Realty World-C Bagans 1st | $35,000 | |
| Listed by Realty World-C Bagans 1st | |||
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Looking for a mostly cleared lot to keep your new construction project moving forward? Look no further! Close to Downtown Lehigh Acres and State Rd 82 convenience is nearby! Located near new construction homes with existing homes you will love your new neighborhood. Close to local schools, grocery stores, shopping, parks and entertainment you will find everything at your fingertips! Quiet neighborhood great for walks with family and friends. Come take a drive to your next new investment property today!
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About Alabama
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