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7535 CORAL TREE
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 |
|---|---|---|---|
| Oct 21, 2025 | Listed by RE/MAX HARBOR REALTY | $65,000 | |
| Listed by RE/MAX HARBOR REALTY | |||
| May 8, 2025 | Price Decreased |
$75,000
↓ $4K
(5.1%) | |
| Price Decreased | |||
| Jan 9, 2025 | Price Decreased |
$79,000
↓ $16K
(16.8%) | |
| Price Decreased | |||
| Dec 30, 2023 | Listed | $95,000 | |
| Listed | |||
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VACANT LOT IN BURNT STORE MEADOWS - Grab your place in paradise today. Property is located in the growing, deed-restricted neighborhood of Burnt Store Meadows. Build your Florida dream home here or hold as an investment. The lot dimensions for the property are 80x120x89x120. The 89ft in the back will allow you to build a large lanai. Imagine sitting on your new pool deck watching as a pair of majestic sandhill cranes stroll behind your home. The neighborhood is home to several pairs of sandhill cranes & they are often seen walking throughout the neighborhood. Nestled on a quiet cul-de-sac, the property is surrounded by a mix of older & newer custom-built homes. Lot has city water & sewer available. Enjoy quick & easy access to Punta Gorda, North Fort Myers & Cape Coral via I-75, US41 or Burnt Store Rd. Claim your spot in paradise & take advantage of everything the area has to offer including boating, fishing, biking & golf. Area also features a vibrant art & music scene.
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| Jun 23, 2023 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017