8
Map
8087 Sherwood Circle
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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 |
|---|---|---|---|
| Sep 5, 2026 | In contract | - | |
| In contract | |||
| Aug 21, 2026 | Listed by Riverside Real Estate Inc | $28,900 | |
| Listed by Riverside Real Estate Inc | |||
| Jul 23, 2026 | No longer available | - | |
| No longer available | |||
| Jan 22, 2026 | Listed by Riverside Real Estate Inc | $32,500 | |
| Listed by Riverside Real Estate Inc | |||
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Build your dream home on this spacious 0.32-acre corner lot located in the growing community of Port LaBelle. This desirable lot offers added privacy with a greenbelt backdrop, providing a peaceful setting and extra separation from neighboring properties. The oversized lot allows flexibility for home design, outdoor living space, and future improvements.
Conveniently located just minutes from SR-80 East, this property offers easy access for commuting to Fort Myers, LaBelle, and Clewiston, making it an excellent option for those seeking a balance of tranquility and accessibility. Whether you’re planning your forever home or investing in land in a steadily developing area, this lot presents a fantastic opportunity to bring your vision to life.
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| Jun 30, 2022 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017