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Map
702 EISENHOWER BOULEVARD
About This Property
Situated in a desirable residential area, this property offers convenient access to East Lee County High School (0.74 miles), Mirror Lakes Elementary School (1.73 miles), and nearby highways (approximately 2.04 miles). The lot is located in Flood Zone X, a low-risk area outside the 100-year and 500-year floodplains, with no wetlands present, allowing for full lot utilization without environmental buffers or mitigation requirements.
Zoned RS-1 Single-Family Residential, the property supports single-family detached homes by right (site-built or modular meeting codes). Accessory structures and guest houses are possible with permits. Duplexes, townhomes, multifamily, and mobile/manufactured home communities are prohibited. Density is typically 1 unit for each lot; the Live Local Act may allow bonuses in certain cases but is not automatic here. Buyer should verify all zoning, setbacks, utility availability, and development requirements with Lee County Community Development.
The property is available for a self-guided tour. Subleasing is not permitted. This lot is not available for rent or lease.
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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 |
|---|---|---|---|
| Sep 12, 2025 | Listed by SUNLAND REAL ESTATE, LLC. | $30,000 | |
| Listed by SUNLAND REAL ESTATE, LLC. | |||
| May 30, 2021 | No longer available | - | |
| No longer available | |||
| Feb 21, 2021 | Price Increased |
$18,000
↑ $11K
(164.7%) | |
| Price Increased | |||
| May 25, 2019 | Price Decreased |
$6,800
↓ $11K
(62.2%) | |
| Price Decreased | |||
| Sep 4, 2018 | Listed | $18,000 | |
| Listed | |||
| | |||
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It's a great time to build your new home. This lot is close to schools, shopping and more.
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Property Highlights
Building Info
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About Eisenhower
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$2,395 /mo
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$2,400 /mo
- 4 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017