24283 Silver LANE
About This Property
Located in Punta Gorda, this quiet, upscale community is surrounded by some of the finest custom homes. The community features 11 beautiful lakes, a park and picnic pavilion, a canoe/kayak launch to Charlotte Harbor, picturesque bike/walking paths, streetlights, and sidewalks.
Residents have access to a full-service marina, golf course, fitness center, tennis and pickleball courts, dining, entertainment, and more at the neighboring community of Burnt Store Marina.
The Burnt Store Corridor is just a short ride to Punta Gorda and Fort Myers airports. The community is deed-restricted with public water & sewer, and most homes are custom-built. There is only one Home Owners Association fee per year ($494) and no CDD or RDD. Don't miss out on the opportunity to be a part of this beautiful and friendly neighborhood.
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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 19, 2024 | Sold | ||
| Sold | |||
| Dec 3, 2024 | In contract | - | |
| In contract | |||
| Apr 9, 2024 | Price Decreased |
$109,900
↓ $10K
(8.4%) | |
| Price Decreased | |||
| Mar 6, 2024 | Price Decreased |
$120,000
↓ $10K
(7.7%) | |
| Price Decreased | |||
| Jan 8, 2024 | Listed by ALLISON JAMES ESTATES & HOMES | $130,000 | |
| Listed by ALLISON JAMES ESTATES & HOMES | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017