915 5th Avenue
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 |
|---|---|---|---|
| Feb 28, 2025 | Sold | ||
| Sold | |||
| Feb 20, 2025 | In contract | - | |
| In contract | |||
| Feb 8, 2025 | Listed by Sonia Rios Realty | $199,900 | |
| Listed by Sonia Rios Realty | |||
| | |||
|
Fixer-Upper with Great Potential in Growing Lehigh Acres!
Opportunity knocks with this 3-bedroom, 2-bathroom home situated on a spacious half-acre lot in the rapidly developing Lehigh Acres area. This property is perfect for homebuyers looking to build equity or investors seeking their next project. The home features a fully fenced yard from front to back with a gated entrance, providing privacy and security. While the property needs significant TLC, it offers a solid layout and ample outdoor space ideal for expansion, landscaping, or even adding additional structures. Located in a neighborhood experiencing steady growth, this home is close to local amenities, shopping, and major roadways, making it a prime opportunity for those looking to invest in an area with rising property values.
With some vision and work, this diamond in the rough can be transformed into a fantastic home or rental property. Don't miss out on this chance to turn potential into profit! Schedule a showing today!
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| Oct 23, 2015 | Sold | ||
| Sold | |||
| Aug 11, 2011 | Sold | ||
| Sold | |||
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About Joel
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017