741 Alabama Avenue
About This Property
Situated on a spacious lot, the property offers plenty of outdoor space with room for future improvements, entertaining, or additional storage. Ideal for first-time homebuyers, growing families, seasonal residents, or investors looking to expand their portfolio in a growing Southwest Florida market.
Conveniently located near local schools, shopping, dining, and everyday amenities, with easy access to surrounding areas including LaBelle, Moore Haven, Immokalee, Fort Myers, and within driving distance to Miami.
Whether you are searching for a primary residence, seasonal property, or investment opportunity, this home offers value, space, and potential in a convenient location.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017