24758 NOVA LANE
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 |
|---|---|---|---|
| Jul 15, 2026 | Price Decreased |
$270,000
↓ $25K
(8.5%) | |
| Price Decreased | |||
| Dec 5, 2025 | Listed by AVENUE SUNSHINE REAL ESTATE | $295,000 | |
| Listed by AVENUE SUNSHINE REAL ESTATE | |||
| Jul 16, 2024 | Sold | ||
| Sold | |||
| Jun 13, 2024 | In contract | - | |
| In contract | |||
| Sep 20, 2023 | Listed by LEGACY PREMIER REALTY LLC | $285,000 | |
| Listed by LEGACY PREMIER REALTY LLC | |||
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Discover a rare opportunity in the heart of Port Charlotte, Florida, with this spacious 5-acre lot located at 24758 Nova Lane. This expansive piece of land offers the perfect blend of tranquility and convenience in a picturesque setting, presenting endless possibilities for both homeowners and investors. Situated on Nova Lane, this property enjoys a prime location that balances peaceful seclusion with easy access to modern amenities. Port Charlotte is known for its small-town charm, beautiful beaches, exceptional fishing opportunities, and a range of recreational activities. Plus, the vibrant city of Punta Gorda is just a stone's throw away, offering a thriving arts scene, shopping, dining, and entertainment options. This 5-acre lot is a haven of natural beauty, surrounded by lush greenery and mature trees. The property exudes a sense of peace and seclusion, providing an ideal setting for creating a private oasis. You can envision crafting your dream garden, installing a refreshing pool, or designing any other outdoor haven on this pristine canvas. Beyond its immediate appeal, this 5-acre lot offers substantial investment potential. Land in Port Charlotte has a history of appreciating in value over time, making this property a sound investment for those seeking to secure a piece of Florida's future growth.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017