603 James Avenue
About This Property
The adjacent ½-acre lot is also available, providing the option to combine both parcels for a full 1-acre homesite. Lehigh Acres continues to experience rapid growth with new construction, expanding infrastructure, and increasing demand from homeowners and investors. Secure your piece of Lehigh Acres today.
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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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Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$1,100 /mo
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$2,500 /mo
- 3 Beds
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