159 and 161 Hardee WAY
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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%.
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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.
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 |
|---|---|---|---|
| Dec 1, 2024 | Price Increased |
$69,500
↑ $32K
(85.3%) | |
| Price Increased | |||
| May 31, 2024 | Listed | $37,500 | |
| Listed | |||
| | |||
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159 & 161 Hardee Way are being sold as two adjacent lots. Welcome to 161 Hardee Way, Rotonda West, FL 33947, a charming property nestled in a community where the weather is consistently delightful, with temperatures ranging from 54 to 89 degrees year-round. Located just a 15-minute drive from the pristine beaches of the SWFL Gulf Coast, this area benefits from refreshing sea breezes. Known as the golfing capital, Rotonda West boasts five courses offering a total of 99 holes for enthusiasts to enjoy. Families will appreciate the excellent schools, and the convenience of being close to five major airports enhances the appeal for frequent travelers. Outdoor lovers will find plenty of recreation options with numerous parks, nearly three miles of nature trails, and ample opportunities for boating and fishing. The cost of living here is notably more affordable compared to other areas without compromising on quality of life. Residents can indulge in a variety of great restaurants, cultural centers, and shopping malls, all within easy reach. The friendly community makes Rotonda West a welcoming place to call home.
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| Jul 26, 2022 | Sold | ||
| Sold | |||
| Jun 30, 2021 | Listed by PARSLEY BALDWIN REAL ESTATE | $59,900 | |
| Listed by PARSLEY BALDWIN REAL ESTATE | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017