9 SPRUCE LANE
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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%.
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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 |
|---|---|---|---|
| Jan 30, 2026 | Sold | ||
| Sold | |||
| Jan 10, 2026 | In contract | - | |
| In contract | |||
| Nov 20, 2025 | Listed by THE OLEA GROUP REAL ESTATE & CONSTRUCTION, LLC | $14,500 | |
| Listed by THE OLEA GROUP REAL ESTATE & CONSTRUCTION, LLC | |||
| May 18, 2023 | Sold | ||
| Sold | |||
| Mar 21, 2023 | Listed by EXIT KING REALTY | $16,900 | |
| Listed by EXIT KING REALTY | |||
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This special lot is a community located on the Cape Haze Peninsula in Southwest Florida! This area does have city water and city sewer already in place!! Enjoy this deed restricted community. Located approximately 15 miles to the most southern tip of Boca Grande, and 17 miles to Englewood beaches. Great private location, close to HWY 771. This beautiful area in Placida is like no other. These lots have all been cleared and are mowed by association. The community skirts Charlotte Harbor Preserve on Gasparilla Road near Boca Grande Causeway. The community was built in late 90's and was platted, paved, sewers (mini-sewer), and street signs. It is a beautiful area that has a gated community off of Rotonda Trce for equestrian use. There also is an exclusive golf course Coral Creek and several other golf courses in Rotonda. Not far from this community is marinas, public boat ramps and large boat storage. The best Gulf beaches in Boca Grande, Manasota and Venice are minutes away. Don't miss this opportunity to own your piece of Paradise
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017