26085 CONCEPCION DRIVE
About This Property
Pocket sliding glass doors connect the living room straight to the lanai, erasing the line between indoor and outdoor space. The paved lanai wraps the pool, which has built-in entry steps, and the covered section stays shaded for everyday use or entertaining. Ceiling fans run through the living room, primary suite, both guest bedrooms, the eat-in kitchen, and the lanai itself.
The primary suite has its own private slider straight out to the pool deck, plus a spa-style bathroom with dual vanities, a walk-in shower, and a separate water closet. Two walk-in closets serve the primary bedroom, one fitted with built-in shoe shelving. The guest bathroom doubles as a pool bath for easy indoor-outdoor access. The indoor laundry room has generous space for storage and folding, and the backyard is fully fenced. A two-car garage with a sliding screen door and a screened front entry round out the exterior.
Deep Creek residents have access to Deep Creek Golf Club, an 18-hole semi-private course open to the public, along with Deep Creek Park's tennis and pickleball courts, playground, and picnic areas just minutes away. The location puts you close to the Peace River for kayaking and fishing, downtown Punta Gorda and Fishermen's Village for waterfront dining and shopping, and Charlotte County's year-round calendar of festivals and community events.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017