186 W MANATEE LOOP
About This Property
Recent upgrades include stylish vinyl plank flooring throughout, energy-efficient double-hung vinyl windows-impact-resistant on the front and rear-and hurricane panels for the sides. The kitchen boasts new Corian solid surface countertops and newer appliances. The spacious main living area flows seamlessly into the kitchen and dining area, providing a welcoming environment for everyday living or hosting guests. The large master bedroom features oversized closets and an ensuite bathroom with a walk-in shower. The guest bedroom is conveniently located next to the second bathroom, which includes a shower/tub combo. Sliding doors off the dining room lead to an enclosed Florida room, surrounded by windows-perfect for relaxing with a book or enjoying your morning coffee watching the sunrise over the lake. Outside, an oversized insulated panel carport provides ample space for your vehicles, along with additional parking for an RV, boat, or other recreational vehicles. Beneath the carport, you'll find a tool shed/workshop and a laundry room equipped with a new washer and dryer. Every detail of this home has been thoughtfully designed for comfort, convenience, and low-maintenance living. Nestled in the highly sought-after Alligator Park, this community boasts over 50 acres of paved, lighted streets and is just steps from a 34-acre lake where residents can enjoy fishing and non-motorized boating. Located just minutes from Punta Gorda Airport, serviced by Allegiant Airlines, and downtown Punta Gorda-a charming waterfront community-this home offers endless opportunities for leisure and entertainment. Don't miss your chance to own this exceptional property. Schedule your showing today!
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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 |
|---|---|---|---|
| Aug 31, 2025 | Sold | ||
| Sold | |||
| Aug 6, 2025 | In contract | - | |
| In contract | |||
| May 9, 2025 | Price Decreased |
$205,000
↓ $20K
(8.9%) | |
| Price Decreased | |||
| Mar 31, 2025 | Price Decreased |
$225,000
↓ $14K
(5.9%) | |
| Price Decreased | |||
| Feb 17, 2025 | Price Decreased |
$239,000
↓ $10K
(4%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017