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2322 CALIOPE DRIVE
About This Property
Nestled in a non-deed-restricted community, you'll enjoy the freedom to create your ideal space. The neighborhood park nearby offers lighted tennis courts, a basketball court, pickleball, a picnic pavilion, a playground, and a community boat ramp for endless outdoor fun.
Conveniently located close to I-75, this property is just minutes from local golf courses, the Peace River, Charlotte Harbor, and the charming towns of Punta Gorda and Port Charlotte. A short drive brings you to downtown Punta Gorda, where you can savor waterfront dining, explore Fisherman's Village, and enjoy the new SunSeeker Resort. Plus, it's close to shopping, dining, and medical facilities for everyday convenience. Don't miss this opportunity to own a ready-to-build lot in a prime location!
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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 |
|---|---|---|---|
| Dec 12, 2024 | Listed by KW PEACE RIVER PARTNERS | $36,000 | |
| Listed by KW PEACE RIVER PARTNERS | |||
| Apr 25, 2005 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017