12196 CARAVAN DRIVE
About This Property
Homes are already built on this street and throughout the surrounding area, making this an ideal opportunity for builders, investors, or end users seeking to build in an established and growing neighborhood. Located outside the City of Punta Gorda and not waterfront, the property offers a quiet setting while remaining conveniently close to US-41, I-75, shopping, dining, and other Southwest Florida amenities.
The property is currently classified as Vacant Residential per the Charlotte County Property Appraiser. Buyers are encouraged to conduct all due diligence regarding utilities, zoning, environmental considerations, and building requirements. Survey and feasibility studies recommended.
Payment Calculator
Your Estimated Monthly Payment
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
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Charlotte
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$1,650 /mo
- 2 Beds
- 1 Bath
- 838 ft²
$6,000 /mo
- 4 Beds
- 3 Baths
- 1,871 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017