For SaleNeutral Deal0 days on market
2420/2422 Richard Ave S
2420/2422 Richard Ave S, Lehigh Acres, FL 33973, Lehigh Acres, FL 33973
$470,000
Listing Price
2420/2422 Richard Ave S, Lehigh Acres, FL 33973
Loc: Lehigh Acres, FL
Days Listed
0
Tax Assessed
$46k
Lot Size
0.29 acres
Type
multi family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
5
Gateway Elementary School
PK-5
1.6 mi away
5
East Zone Middle School Qq
6-8
6.5 mi away
5
Gateway High School
9-12
0.6 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
Duplex, Multi Family2026Central, ElectricCentral Air, Ceiling Fan(s), ElectricNo Data0$181
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.70%
Total ROI
104.4%
Cash Flow
$184/mo
DSCR
1.08
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $184/mo net cash flow with a 6.7% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.7%)
- • Strong rental demand in Lehigh Acres
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 |
|---|---|---|---|
| 2026-09-24 | Listed for sale | $470,000 | $181 |
| 2024-07-10 | Sold | $60,000 | $23 |
| 2022-11-10 | Sold | $55,000 | $21 |
| 1996-08-05 | Sold | $2,500 | $1 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $805.4 | $46,028 |
| 2024 | $561.47 | $19,799 |
| 2023 | $450.45 | $17,999 |
| 2022 | $324.19 | $5,603 |
| 2021 | $299.6 | $5,094 |
| 2020 | $284.57 | $4,631 |
| 2019 | $130.2 | $5,200 |
| 2018 | $130.2 | $4,900 |
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