One or more photo(s) has been virtually staged, AI generated or
rendered. Ravenna model Spacious 3-bedroom, 2-Bath, 3 Car
Garage home located in Punta Gorda's newest resort-style community,
Turnleaf. This open-concept one-story home, the Ravenna, features
our largest kitchen in Turnleaf, with Gray shaker-style cabinetry
and white quartz counter-tops, complemented by a White subway tile
backsplash, an 8.5-foot island, and a stainless steel farmhouse
sink. Natural-tone, low-maintenance Laminate flooring throughout
the entry, kitchen, dining, great room and primary bed. 3 panel
sliding glass door leads to your covered lanai and backyard oasis.
Conveniently located minutes from historic downtown Punta Gorda,
the area's finest marinas, the area's top golf courses, Punta Gorda
Airport, Peace River Botanical Gardens, Miles of nature trails at
Charlotte County Nature Preserve and more!
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.
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