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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%.
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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.
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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 21, 2026 | In contract | - | |
| In contract | |||
| Oct 3, 2026 | In contract | - | |
| In contract | |||
| Oct 1, 2026 | Listed by COLDWELL BANKER REALTY | $132,000 | |
| Listed by COLDWELL BANKER REALTY | |||
| Nov 20, 2024 | Listed | $195,000 | |
| Listed | |||
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Welcome to your beautifully updated 2-bedroom, 2-bath Palm Harbor Home built in 1983 with 1,266 sq ft located in Alligator Park a Vibrant 55+ Community in Punta Gorda. This home comes completely furnished and turn-key just pack your personal belongings and move inf.
Designed for comfort and convenience, it features an open floor plan and a large, updated kitchen with new cabinets, modern countertops, and a spacious center island—perfect for cooking and entertaining.
The home has plenty of natural lighting with all new double hung vinyl windows, and the enclosed Florida room, complete with a new ceiling and windows, offers a cozy space for relaxing year-round. The master suite is complete with a Sleep Number California King Bed, a built in desk workspace area, 2 walk-in closets, a granite-top bathroom vanity, comfort-height toilet, and walk-in shower. The second bedroom features a new queen mattress, a large closet, and the bathroom is just across the hall, with a shower/tub combo and newer vanity.
Additional upgrades include an updated electric panel, a new roof (2022), Stainless Steel LG refrigerator w/ ice maker (2021), Stainless steel stove (2021), hot water heater w/filter (2022), all new leveling and tie downs completed (2023). This home is just steps away from the community clubhouse and swimming pool, making it easy to enjoy the vibrant social life and amenities, see the Park website for the monthly calendar of events such as; concerts, comedy shows, craft fairs, park parades, holiday parties and more! The home price includes the park share valued at $60,000.
Don’t miss this opportunity to live in Punta Gorda, close to the Airport, downtown shops and restaurants, Laishy Park, Fishermans Village and the brand new SunSeekers Resort. Don’t miss this opportunity to live in a welcoming, active 55+ community—schedule your tour today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017