1405 PERSAY DRIVE
About This Property
Bring your vision and make this property shine again! Located in the desirable Creekside community of Punta Gorda, this home presents a fantastic investment or renovation opportunity. The structure is in need of a complete renovation from top to bottom - a true blank slate ready for your personal touch or redevelopment plans. With its prime location close to I-75, shopping, dining, and downtown Punta Gorda, the potential here is tremendous. Whether you're looking to flip, rebuild, or add to your investment portfolio, this property offers a rare chance to create significant value in a sought-after neighborhood.
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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 |
|---|---|---|---|
| Jul 9, 2026 | Sold | ||
| Sold | |||
| Jun 20, 2026 | In contract | - | |
| In contract | |||
| Jun 18, 2026 | Price Decreased |
$65,000
↓ $10K
(13.3%) | |
| Price Decreased | |||
| May 22, 2026 | Relisted | $75,000 | |
| Relisted | |||
| May 18, 2026 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017