2329 DIPLOMAT DRIVE
About This Property
Situated on a peaceful unimproved access road just two blocks from pavement, the lot enjoys nearby electrical access. While requiring well and septic for development, it is located in the "X" flood zone, ensuring low-risk peace of mind.
The property is a short drive from Charlotte County's Harbor Heights Park, a vibrant hub offering tennis courts, shuffleboard, a boat ramp with access to the Peace River, and other recreational amenities. Whether you're envisioning a personal retreat or an investment in a growing community, this property places you close to nature, leisure, and convenience.
Come explore this extraordinary opportunity and imagine the possibilities. Take a drive and let Harbor Heights inspire your next move!
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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 |
|---|---|---|---|
| Mar 22, 2025 | Sold | ||
| Sold | |||
| Feb 8, 2025 | In contract | - | |
| In contract | |||
| Feb 3, 2025 | Price Decreased |
$14,900
↓ $600
(3.9%) | |
| Price Decreased | |||
| Jan 16, 2025 | Listed by KELLER WILLIAMS ISLAND LIFE REAL ESTATE | $15,500 | |
| Listed by KELLER WILLIAMS ISLAND LIFE REAL ESTATE | |||
| Sep 13, 2023 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017