1416 Dixie LANE
About This Property
bedroom), 2 bathrooms, 2 car garage. Amazing lake view to enjoy while relaxing on the screen enclosed lanai. Open floor plan and
split bedroom plan. Breakfast Nook off of kitchen, breakfast bar, and pantry for extra storage, ceiling fans throughout, ceramic floors
in all wet areas. Master Bedroom has walk in closets, a private bathroom with dual sinks, soaking tub, and separate walk-in shower. Updates include new roof Aug 2023, water heater 2023 & HVAC 2021. This amazing home is Located in one of North Port's most desired communities LAKESIDE PLANTATION. There are many benefits to living in this community, including access to all the amenities such as the large pool, playground, basketball, pickleball, tennis courts, park benches and community center with fitness room! Want to know the best part? You won't have to pay any HOA FEES because this home is part of very few in the community that are exempt from those monthly fees! Property is being sold "AS IS" CDD is included in taxes. NO HOA FEES! Amenities included in CDD.
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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 North Port Charlotte
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017