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7031 Berwick Circle
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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 18, 2026 | Listed by Pinnacle Realty Advisors | $30,000 | |
| Listed by Pinnacle Realty Advisors | |||
| Sep 30, 2024 | Sold | ||
| Sold | |||
| Aug 28, 2024 | In contract | - | |
| In contract | |||
| Jul 17, 2024 | Price Decreased |
$29,990
↓ $5K
(14.1%) | |
| Price Decreased | |||
| Jun 10, 2024 | Listed by Keller Williams Realty Fort Myers and the Islands | $34,900 | |
| Listed by Keller Williams Realty Fort Myers and the Islands | |||
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Discover the perfect canvas for your dream home on this serene vacant lot in the vibrant growing community of Port LaBelle. This vacant lot offers a generous space, mostly cleared and primed for building, surrounded by larger, upgraded homes that enhance the neighborhood's appeal.
Nestled with a charming view of a greenbelt "pond" area, the lot promises a peaceful backdrop without any backyard neighbors, ensuring privacy and scenic views year-round. Located near local schools, restaurants, shopping, and parks. Its location offers a smooth commute to nearby cities with a variety of activities to enjoy.
Just a 35-minute drive east takes you to Clewiston, where you can indulge in dining, enjoy shopping, and embrace the scenic beauty of Lake Okeechobee, affectionately known as "The Bass Capital of The World." For the more adventurous, feel the thrill of skydiving from 14,000 feet, where you can marvel at lake views during your sky-high adventure!
Heading west, a 45-minute drive brings you to the bustling city of Fort Myers. Famous for its glistening white-sand beaches, vibrant entertainment scenes, and an array of shopping and fine dining options, Fort Myers provides all the essentials for a perfect day trip or an evening out.
This lot represents more than just a piece of land; it’s an opportunity to build a life in a location that blends tranquility with adventure, and nature with convenience. Whether you’re envisioning a family home, a seasonal retreat, or a retirement haven, this property in Port LaBelle lays the groundwork for a future as bright as the Florida sun. Start planning your dream home today and begin a new chapter in a location that has it all.
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About Port LaBelle
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017