551 McArthur Boulevard
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 20, 2024 | Sold | ||
| Sold | |||
| Aug 6, 2024 | No longer available | - | |
| No longer available | |||
| Aug 1, 2024 | Listed by Marzucco Real Estate | $18,500 | |
| Listed by Marzucco Real Estate | |||
| Jul 7, 2024 | Listed by Marzucco Real Estate | $19,500 | |
| Listed by Marzucco Real Estate | |||
| | |||
|
Situated in the vibrant and expanding community of Lehigh Acres, this quarter-acre lot is a prime opportunity tailored for builders and buy-and-hold land investors. The parcel offers a strategic location with easy access to schools, shopping centers, parks, and recreational facilities, making it an attractive option for future homeowners. For builders, this lot presents a canvas for creating custom homes that meet the demands of a growing market. For investors, the rapidly developing infrastructure and increasing property values in Lehigh Acres ensure a solid investment with substantial appreciation potential. With its blend of tranquility and accessibility, this piece of land is an exceptional choice for those looking to capitalize on the thriving real estate market in Southwest Florida.
| |||
| Apr 27, 2005 | Sold | ||
| Sold | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Eisenhower
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$1,295 /mo
- 3 Beds
- 2 Baths
- 1,175 ft²
$1,400 /mo
- 3 Beds
- 2 Baths
- 1,048 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017