2
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716 North Avenue
About This Property
Available individually or as part of a multi-lot purchase, with special package pricing offered, this property provides flexibility to pursue a single project or assemble a pipeline of future builds. Additional lots are available, creating an opportunity for investors to expand their rental portfolios and builders to secure multiple sites in one community.
Meadowbrook Estate combines a peaceful residential setting with convenient access to shopping, schools, recreation, and surrounding area amenities.
Whether your goal is to build and hold rental properties or deliver new investment homes to buyers, explore the potential of this lot and the available multi-lot packages.
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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 |
|---|---|---|---|
| Oct 5, 2026 | Listed by KW Florida Living | $47,900 | |
| Listed by KW Florida Living | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017