12349 BACCHUS ROAD
About This Property
Welcome to 12349 Baccus Rd, a fantastic opportunity to secure a residential zoned lot in a peaceful, growing area of Port Charlotte. Located in the desirable Flood Zone X, this property offers added peace of mind and flexibility as you plan your future Florida home.
This quiet neighborhood is surrounded by natural beauty yet remains close to everything - beaches, boating, shopping, dining, and medical facilities. With no HOA or deed restrictions, you'll enjoy the freedom to design the home that truly fits your lifestyle.
? Property Highlights:
Residentially zoned vacant lot
Located in Flood Zone X
Peaceful and private street
No HOA or deed restrictions
Close to beaches, waterways, parks, and Port Charlotte amenities
Ideal lot to build your custom dream home
Whether building now or investing for the future, this property is a smart choice with endless potential.
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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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About Charlotte
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017