500 Avalon Ave
About This Property
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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 |
|---|---|---|---|
| Jul 18, 2025 | Listed by Southern Heritage Real Estate | $100,000 | |
| Listed by Southern Heritage Real Estate | |||
| Jul 12, 2024 | Listed by Southern Heritage Real Estate | $100,000 | |
| Listed by Southern Heritage Real Estate | |||
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500 AVALON AVE & CR 78 ONE-HALF ACRE PREMIER HOME-SITE NOW AVAILABLE! Enjoy the best of both worlds with this stunning residential home site located just outside the city limits of LaBelle, FL on the north side of the serene Caloosahatchee River, part of the Intercoastal Waterway. Enjoy scenic river views and endless boat traffic of all kinds — barges, tug boats, yachts, fishing boats kayaks and jet ski’s — without the burden of riverfront property taxes! Situated on County Road 78, just across the street from Bob Mason/Lions Club Park, a long-time community park, you’ll never have to worry about your sunrise and sunset views being impeded by someone building on the river frontage! And, be in close proximity to the Hendry County free boat ramp and docks! Walk or drive your golf cart to popular LaBelle Yacht Club, home of the Launch Restaurant with its popular Tiki Bar on the river! Don’t miss out on this exceptional opportunity to build your dream home in a location that you can’t help but love! This lot is cleared with perimeter trees for privacy and no HOA restrictions. New survey will convey to Buyer at no expense except to recertify. GO FOR THE GUSTO HERE!
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| Jun 19, 2024 | No longer available | - | |
| No longer available | |||
| Jun 4, 2024 | In contract | - | |
| In contract | |||
| May 14, 2024 | Listed by Southern Heritage Real Estate & Investments, Inc. | $100,000 | |
| Listed by Southern Heritage Real Estate & Investments, Inc. | |||
| | |||
|
500 AVALON AVE & CR 78 ONE-HALF ACRE PREMIER HOME-SITE NOW AVAILABLE! Enjoy the best of both worlds with this stunning residential home site located just outside the city limits of LaBelle, FL on the north side of the serene Caloosahatchee River, part of the Intercoastal Waterway. Enjoy scenic river views and endless boat traffic of all kinds —- barges, tug boats, yachts, fishing boats kayaks and jet ski’s —- without the burden of riverfront property taxes! Situated on County Road 78, just across the street from Bob Mason/Lions Club Park, a long-time community park, you’ll never have to worry about your sunrise and sunset views being impeded by someone building on the river frontage! And, be in close proximity to the Hendry County free boat ramp and docks! Walk or drive your golf cart to popular LaBelle Yacht Club, home of the Launch Restaurant with its popular Tiki Bar on the river! Don’t miss out on this exceptional opportunity to build your dream home in a location that you can’t help but love! This lot is cleared with perimeter trees for privacy and no HOA restrictions. New survey will convey to Buyer at no expense except to recertify. GO FOR THE GUSTO HERE!
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About Hendry
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017