7609 3rd Place
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 |
|---|---|---|---|
| Jul 31, 2024 | Sold | ||
| Sold | |||
| Jul 29, 2024 | In contract | - | |
| In contract | |||
| Jul 15, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 2, 2024 | Listed by Luxe Properties LLC | $270,000 | |
| Listed by Luxe Properties LLC | |||
| | |||
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One of a kind opportunity available now! 5 acres of pristine residential land in Labelle, Florida. With the rapid growth and development in Southwest Florida, this property presents an excellent investment opportunity. Whether you're looking to build your dream home, build a compound, or secure a valuable asset. Land is fenced and survey has been done. Contact us for more information.
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| Apr 11, 2023 | No longer available | - | |
| No longer available | |||
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About Hendry
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017