7897 6th Terrace
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 |
|---|---|---|---|
| Aug 30, 2025 | No longer available | - | |
| No longer available | |||
| Jul 26, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Jul 24, 2025 | Relisted | $63,999 | |
| Relisted | |||
| Aug 17, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Jul 25, 2024 | Listed by Marzucco Real Estate | $63,999 | |
| Listed by Marzucco Real Estate | |||
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Beautiful 1.25 acres to build your new home or install a modular home in the highly desirable area of Wheelers Subdivision with NO HOA. Enjoy living in the country and having space between you and your neighbors while also not being too far from major grocery stores, restaurants, and shopping. Located in Hendry county right on the border of LEE county for an quick commute in to Ft Myers, Lehigh Acres or Labelle. This property is located in FEMA flood zone X which does not require flood insurance by a lender. See the attached county ordinance regarding zoning that allows from animals with quantity limits. Come take a look at this beautiful property today that could be your future homesite alongside the pine and oak trees!
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About Hendry
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Currently no similar homes aroundNearby Rentals
$2,000 /mo
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$1,750 /mo
- 3 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017