26484 Deer ROAD
About This Property
Punta Gorda is located at the mouth of the Peace River that opens up to the second largest harbor on the west coast of Florida. Charlotte Harbor has some of the best boating in the State of Florida with quick access to the beautiful Gulf of Mexico.
Scenic and historic downtown Punta Gorda is minutes away, offering many venues of entertainment, not to mention fine dining. Whether you prefer to dine at a rooftop restaurant, watch a band under a Tiki Hut or anything in between Punta Gorda is the place to be! A small town feel but major activities. No HOA, No Deed Restrictions, No Lot rent. Come Enjoy this property and make it your Home.
Lot was mulched November 2021. Lot has a vacant tortoise nest. No activity at the nest for at least one and a half years. Buyer is responsible for due diligence.
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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