5412 3rd Street W
About This Property
This 3-bedroom, 2-bathroom home is brimming with potential and is perfect for those looking to add their personal touch. Centrally located in Lehigh Acres, this property offers convenience and accessibility to local amenities.
The spacious layout includes three comfortable bedrooms and two full bathrooms. Ample parking is available with an attached two-car garage and a separate building that features an additional two-car garage, providing a total of four covered parking spaces. The additional building boasts 925 sq ft, ideal for a workshop, storage, or potential guest suite.
Priced to sell quickly, this home is a fantastic opportunity for investors or DIY enthusiasts. Don't miss out on this unique opportunity to create your dream home in a prime location!
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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 |
|---|---|---|---|
| Aug 22, 2025 | Sold | ||
| Sold | |||
| Apr 28, 2025 | In contract | - | |
| In contract | |||
| Apr 18, 2025 | Price Decreased |
$265,000
↓ $25K
(8.6%) | |
| Price Decreased | |||
| Mar 19, 2025 | Relisted | $290,000 | |
| Relisted | |||
| Feb 5, 2025 | In contract | - | |
| In contract | |||
Property Highlights
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About Westminister
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$1,950 /mo
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$1,900 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017