720 N Utopia
About This Property
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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 |
|---|---|---|---|
| Mar 4, 2024 | Sold | ||
| Sold | |||
| Oct 14, 2023 | Listed by EXP REALTY LLC | $40,000 | |
| Listed by EXP REALTY LLC | |||
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Are you ready to build your dream home on this 1.25 Acre lot located in the heart of Clewiston? This property located in Montura Ranch Estates is a wonderful community with a Club House, community pool, park, playground, and a baseball field. No HOA, so bring your boat and RV! Close to shopping, restaurants, and recreation activities. Minutes to Lake Okeechobee Park that offers a large fishing pier. Close access to US 27. Approximately an hour and a half from Palm Beach and Fort Myers.
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| Nov 27, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017