17564 VELLUM CIRCLE
About This Property
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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 |
|---|---|---|---|
| Oct 23, 2026 | Listed by PARADISE EXCLUSIVE REAL ESTATE | $65,000 | |
| Listed by PARADISE EXCLUSIVE REAL ESTATE | |||
| Jul 1, 2020 | Sold | ||
| Sold | |||
| Jan 2, 2020 | No longer available | - | |
| No longer available | |||
| Oct 22, 2017 | Listed | $48,000 | |
| Listed | |||
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Enjoy sparkling sunsets & wildlife views of King Fisher Lake with 80 feet of waterfront land. This one of a kind piece of property has Northern Exposure & sits on a quiet circle with very few homes surrounding. A perfect location for your NEW Custom Home. Lot is large enough for a Custom Pool home w/ 3 car garage. If looking for a larger home site, or just more room to roam, the adjacent lot is also for sale. Please see MLS #A4199388. Combined, these two lots have 160 ft of waterfront on almost a half acre of land (Lots can be sold together or separate). Seller financing available, call for terms. City Utilities and Friendly Deed Restrictions make the community of Burnt Store Lakes a great place to call home. Neighborhood includes a Kayak/Canoe Launch for residents & a Park/Pavilion, Golf Carts are also permitted. Burnt Store Marina & Golf Course is adjacent to the community & is Open to the Public. Burnt Store Marina includes three restaurants, Golf Course/Pro Shop & SW Florida's largest deep water marina, w/ direct access to the Gulf of Mexico. Marina offers over 500 deep water slips, dry storage, fueling dock, & a harbor master. Fitness club & tennis courts can also be found in Burnt Store Marina. Burnt Store Lakes is centrally located between Sarasota & Naples with convenient access to airports, schools, hospitals, hotels, shopping, restaurants, and entertainment. Just under one hour to Southwest Florida International Airport and beaches, and the Punta Gorda airport is only 20 minutes away.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017