1340 W Corktree CIRCLE
About This Property
Simply Adorable! Welcome to the Port Charlotte community of Oak Hollow. Located in the north-central part of Charlotte County, this community consists of single-family homes with access to a community center offering a variety of recreational facilities and activities! Built in 1985, this charming residence sports ~1180 square feet of space with an efficient, great room plan along with two bedrooms, two full baths, an open kitchen, a ~230 square-foot canal-front sunroom and a one-car attached garage. Being sold TURN-KEY-FURNISHED (what you see is what you get), this home has been nicely cared for and is move-in-ready! A few key features include impact-resistant windows, a new air conditioning system in 2022 and a re-roof in 2013. From this home's location, you are but three blocks from the community center featuring multiple activity courts, heated pool, children's playground and more! Less than a mile from shopping and just under 4 miles to the Port Charlotte medical complex, this charming turn-key-furnished residence is a very nice find and in a lovely area of town! Take a walk-through now by clicking on the attached interactive 3D VIRTUAL TOUR!
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017