17170 BARCREST LANE
About This Property
Nestled near the back of the community, the property provides a peaceful atmosphere surrounded by scenic lakes, natural beauty, and abundant Florida wildlife. With public water and sewer already available, this lot is well-suited for building your custom home or adding to your real estate investment portfolio.
Burnt Store Lakes offers residents a welcoming neighborhood lifestyle complete with a community park, playground, and regular social gatherings that make it easy to connect with neighbors. Just minutes away, Burnt Store Marina & Country Club provides convenient access to boating, golf, waterfront dining, and one of Southwest Florida's premier marinas.
When you're ready to explore beyond the neighborhood, vibrant downtown Punta Gorda is approximately 20 minutes away and offers waterfront parks, local restaurants, boutique shopping, entertainment, and year-round community events. Whether you're planning to build now or invest for the future, this exceptional lot offers an outstanding opportunity to enjoy the best of Southwest Florida living.
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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 | Listed by GRANT TEAM REAL ESTATE, LLC | $52,600 | |
| Listed by GRANT TEAM REAL ESTATE, LLC | |||
| Apr 30, 2023 | No longer available | - | |
| No longer available | |||
| Apr 24, 2023 | Sold | ||
| Sold | |||
| Mar 22, 2023 | In contract | - | |
| In contract | |||
| Jan 3, 2023 | Price Decreased |
$49,900
↓ $100
(0.2%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017