138 Colony Point DRIVE
About This Property
Now, let's focus on this stunning property that has captured your attention. Crafted by the renowned Don Wimberly, this Mediterranean-style home boasts an elegant presence from the moment you approach the driveway. The hurricane impact windows and doors provide both peace of mind and a seamless connection with the outdoors.
Inside, you'll be greeted by 12-foot ceilings that exude a sense of grandeur. The open-concept design of the grand room allows for effortless living and entertaining, while the neutral color palette invites you to personalize the space to your liking. The chiseled travertine tile throughout adds a touch of luxury to the interior.
With three bedrooms and a den, this home offers ample space for both practical use and privacy. The master suite is a true masterpiece, offering a spacious and inviting retreat with direct access to the outdoor oasis. The master closet is custom-made with elegant touches and abundant storage, creating a grand dressing room experience.
Natural light flows generously through the many windows, allowing you to enjoy the breathtaking views of the highlight of this home-the best Florida lifestyle right in your backyard. The heated pool, jacuzzi, and outdoor kitchen create the perfect setting for entertaining family and friends. And for boating enthusiasts, the deep-water canal and sailboat access, complete with a 5,000 lbs. boat lift and a 30-foot concrete dock, provide direct access to the captivating waters of Charlotte Harbor.
I'm thrilled to present this exceptional property to you. Its combination of Mediterranean elegance and Florida living, coupled with its prime location in Punta Gorda Isles, makes this home an outstanding opportunity for anyone seeking the ultimate coastal lifestyle. I invite you to experience the charm of Punta Gorda and the allure of this exquisite home firsthand. Don't miss this chance to make your dreams of coastal living a reality!
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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 Punta Gorda
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017