1 COCKATIEL WAY
About This Property
Discover the perfect opportunity to build your dream home or invest in a rapidly growing community! This vacant lot is nestled in the highly desirable Rotonda Meadows and Villas, a serene neighborhood surrounded by natural beauty and located just minutes from Boca Grande's pristine beaches and world-class fishing waters.
Enjoy the convenience of being near golf courses, shopping, and dining, while also embracing the tranquility of a quiet setting with well-maintained streets and modern infrastructure, including public water and sewer access. The area is ideal for nature lovers, with abundant wildlife, nearby parks, and scenic walking trails.
This is your chance to secure a piece of paradise in Southwest Florida, with low HOA fees and easy access to all that the Florida lifestyle has to offer. Whether you're looking to build now or invest for the future, this lot offers incredible potential.
Don't miss out! Contact us today for more details or to explore this fantastic 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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017