9232 SPRING VALLEY ROAD
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 |
|---|---|---|---|
| Jun 17, 2026 | Price Decreased |
$319,000
↓ $30K
(8.6%) | |
| Price Decreased | |||
| Jan 19, 2026 | Listed | $349,000 | |
| Listed | |||
| | |||
|
Over 3.25 Acres located in the private gated community of Heritage Oaks at Shamrock Shores. Bring your house plans and build on this gorgeous spacious property with room for a main house, a large garage / shed or barn, or add a small guest house. The options on this property are endless. The land has been hydro-mulched, partially cleared, soil tested and surveyed including environmental surveys which are all available upon request. This gated community has a newly paved private road to all of the home sites which are all over an acre and this is the ONLY lot left for sale. In addition, a NEW WATER METER has been connected directly to the property (public water source). This is a big savings of approximately $15k in impact fees. Heritage Oaks at Shamrock Shores allows you to have small animals (Charlotte County zone codes, see more of what’s allowed on the property). This gorgeous property is centrally located between Sarasota and Fort Myers and has easy access to I-75 and many airports. Just minutes from beautiful beaches, golf, shopping, and restaurants. Enjoy the Florida lifestyle by living your best life on this fantastic property, building your dream home, enjoying the beaches, relaxing by your pool, and soaking up the sunshine! You have to see it to believe it! Note: The Sellers have house plans that are available for purchase if you are interested.
| |||
| Jul 25, 2024 | Price Decreased |
$399,000
↓ $30K
(7%) | |
| Price Decreased | |||
| Mar 7, 2024 | Listed by THE BRC GROUP, LLC | $429,000 | |
| Listed by THE BRC GROUP, LLC | |||
| Feb 12, 2021 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017