For SaleRisky Deal2 days on market
502 Elaine Ave N
502 Elaine Ave N, Lehigh Acres, FL 33971, Lehigh Acres, FL 33971
$275,000
Estimate®:$269,100
Listing Price
502 Elaine Ave N, Lehigh Acres, FL 33971
Loc: Lehigh Acres, FL
Days Listed
2
Tax Assessed
$206k
Estimate®
$269k
Market Rate
Lot Size
0.41 acres
Rent Estimate
$1,778/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
2
Sunshine Elementary School
PK-5
1.4 mi away
6
Harns Marsh Middle School
6-8
2.2 mi away
3
Lehigh Senior High School
9-12
3.3 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranch stylesingle-storystucco exteriortwo-car garagearched entrywaylarge drivewayspacious lawnmature treessuburbanlow-pitched roofwell-maintainedresidentialtraditionallandscaped
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.58%
Total ROI
58.5%
Cash Flow
$-376/mo
DSCR
0.74
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-376/mo net cash flow with a 4.6% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Lehigh Acres, FL
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-22 | Listed for sale | $275,000 | $195 |
| 2023-06-07 | Sold | $349,000 | $248 |
| 2023-05-07 | Pending sale | $349,000 | $248 |
| 2023-05-05 | Listed for sale | $349,000 | $248 |
| 2023-01-18 | Sold | $260,000 | $185 |
| 1994-02-09 | Sold | $95,100 | $68 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,860.37 | $206,317 |
| 2024 | $3,157.42 | $236,622 |
| 2023 | $3,400.03 | $221,403 |
| 2022 | $3,144.72 | $201,036 |
| 2021 | $947.67 | $52,946 |
| 2020 | $939.94 | $52,215 |
| 2019 | $980.57 | $134,848 |
| 2018 | $980.57 | $50,089 |
| 2017 | $952.76 | $49,059 |
| 2016 | $908.99 | $96,033 |
| 2015 | $871.06 | $99,706 |
| 2014 | $859.6 | $88,498 |
| 2013 | $691.17 | $70,197 |
| 2012 | $662.44 | $56,793 |
| 2011 | $659.17 | $44,521 |
| 2010 | $722.91 | $46,940 |
| 2009 | $813.48 | $53,510 |
| 2008 | $1,525.65 | $142,070 |
| 2007 | $1,625.72 | $176,160 |
| 2006 | $1,605.86 | $168,850 |
| 2004 | $1,699.68 | $109,100 |
| 2003 | $1,747.43 | $94,750 |
| 2002 | $2,083.48 | $89,490 |
| 2000 | $0 | $77,110 |
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