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Hendry 33935
7537 23rd TERRACE
$43,000
● Land - Off Market

7537 23rd TERRACE

LABELLE, FL 33935
bedrooms
Studio
bathrooms
0 Bath
$267
Est. Monthly
32.80%
Cap Rate

About This Property

This is a 1.25 acre property. Come build your dream home on this huge piece of land with privacy and plenty of room. The perfect area to build or add to your investment portfolio and just a short drive to shopping and schools.
Unit Size
-
Days on Market
79 days
Land Size
1.25 acres
Price per sqft
-
Property Type
Land
Property Taxes
$45
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 3 years ago (Stellar MLS #C7482899)

Price History

Date / Event Date Event Price
Jan 24, 2024 No longer available -
No longer available
Jan 22, 2024 Sold
Premium
Sold
Dec 21, 2023 In contract -
In contract
Oct 31, 2023 Listed by SELLSTATE 5 STAR REALTY $45,000
Listed by SELLSTATE 5 STAR REALTY
Oct 14, 2023 Listed by SELLSTATE 5 STAR REALTY $54,900
Listed by SELLSTATE 5 STAR REALTY
Show More

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 54,450
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: LEHIGH ACRES PROPERTIES UNREC
  • Land Acres: 0000001250
  • Standard Land Use Code: 8001
  • County Land Use Code: 000
  • Legal Description 1: W 1/2 OF SW 1/4 OF NE 1/4 OF NE 1/4 OF NW 1/4 1.25 AC

Neighborhood

  • School District Name: Hendry County School District
  • Census Tract: 000404

Zoning

  • Zoning: RR-WE

Geography

  • Assessors Map Reference: 5489-B6
  • Account Number: 11973
  • Parcel: 1-28-44-06-A00-0003-0000
  • Block: 3
  • Meridian: SEC 06 TWN 44 RNG 28
  • Municipality: E CO DESIGNATOR 80
  • Latitude: 26.6862
  • Longitude: -81.5599

    Address

  • Full Address: 7537 23rd Ter
  • Address - House Number: 7537
  • Address - Street Name: 23rd
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Labelle
  • Zip Code: 33935

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $55,902
  • Tax Rate Code Area: 40

    Market Valuation

  • Market Total Value: $33,000
  • Market Land Value: $33,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $33,000
  • Assessed Land Value: $33,000

    Sales

  • Current Sale Contract Date: Jan 18, 2024
  • Current Sale Recording Date: Jan 22, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 819
  • Previous Sale Recording Date: Jul 17, 2012
  • Previous Sale Contract Date: Jun 21, 2012
  • Previous Sale Amount: $12,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Hendry

Stats & Trends

Median Asking:

$316,425

Sale Price/ft²

$207

Below Asking

0.01%

Average Days on Market

109

Average Home Size

1668 ft²

Average Home Age

12.6 years

Currently For Sale

347 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 4187 E 26th Street, Alva, FL, 33920

$1,400 /mo

  • 1 Bed
  • 1 Bath
  • 675 ft²
4187 E 26th Street, Alva, FL, 33920 Listing by Adi Gal

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Raul Leyva
SELLSTATE 5 STAR REALTY
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# C7482899
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 7537 23rd Terrace built and last sold?
The property at 7537 23rd Terrace was built in and last sold on Jan 18, 2024 for $43,000.
How much is this home worth?
The estimated value of the home located at 7537 23rd Terrace is $45,450.
What are some comparable homes to 7537 23rd Terrace?
There are currently no comparable homes to 7537 23rd Terrace.
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