932-940 Meyerchick Drive SW
About This Property
You can build up to 5 single-family homes or join them together and build your dream home on one big parcel, almost 0.70 acres. Don't let this amazing opportunity slip away!
Addresses: 932, 936 (can be split in two), 938, and 940 Meyerchick Dr Moore Haven, FL 33471
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 23, 2026 | Price Decreased |
$75,000
↓ $35K
(31.8%) | |
| Price Decreased | |||
| Jul 16, 2026 | Relisted | $110,000 | |
| Relisted | |||
| Jul 16, 2026 | Price Increased |
$110,000
↑ $25K
(29.4%) | |
| Price Increased | |||
| Jul 7, 2026 | In contract | - | |
| In contract | |||
| Jun 28, 2026 | Price Decreased |
$85,000
↓ $25K
(22.7%) | |
| Price Decreased | |||
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