12226 RIPPLE DRIVE
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 9, 2026 | Price Decreased |
$11,000
↓ $1K
(8.3%) | |
| Price Decreased | |||
| May 25, 2026 | Listed by KELLER WILLIAMS ISLAND LIFE REAL ESTATE | $12,000 | |
| Listed by KELLER WILLIAMS ISLAND LIFE REAL ESTATE | |||
| Oct 25, 2024 | Sold | ||
| Sold | |||
| Oct 16, 2024 | In contract | - | |
| In contract | |||
| Mar 1, 2022 | Listed by SELLSTATE PRIORITY REALTY | $16,000 | |
| Listed by SELLSTATE PRIORITY REALTY | |||
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Close to Punta Gorda and all it has to perfect location for our dream home . This lots quiet backdrop is complimented by a short drive to the commercial corridors of Port Charlotte, sand beaches of the Gulf of Mexico, abundant Fine Dining, Award-winning golf courses, and the newly completed Charlotte Sports Park - spring training facility for the Tampa Bay Devil Rays.
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Property Highlights
Building Info
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Price/ft²
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About Charlotte
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017