648 turtle Lane
About This Property
Beautiful lot in a quiet neighborhood, just 23 miles east of I-75 in between Ft.Myers and outside the city limits of Labelle. Owner willing to owner finance with suitable amount down.
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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 |
|---|---|---|---|
| Apr 3, 2025 | Sold | ||
| Sold | |||
| Mar 20, 2025 | In contract | - | |
| In contract | |||
| Feb 12, 2025 | Price Decreased |
$195,000
↓ $15K
(7.1%) | |
| Price Decreased | |||
| Jan 30, 2025 | Price Decreased |
$210,000
↓ $10K
(4.6%) | |
| Price Decreased | |||
| Jan 15, 2025 | Price Decreased |
$220,000
↓ $5K
(2.2%) | |
| Price Decreased | |||
Property Highlights
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Price/ft²
Listed On
Sold On
About Hendry
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$1,750 /mo
- 3 Beds
- 2 Baths
- 1,736 ft²
$2,400 /mo
- 4 Beds
- 2 Baths
- 1,850 ft²
Last Updated: 2 years ago
Data Source: SWFLMLS, MLS# 224064153
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