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2702 LARKSPUR DRIVE
About This Property
PROPERTY OVERVIEW:
• Waterfront vacant lot
• 90 feet of water frontage
• Ideal for custom home construction
• Located in Charlotte Park
WATERFRONT FEATURES:
• Expansive water views
• Plenty of space for dock or boat lift (permitting required)
• Great opportunity for boating and fishing
LOCATION HIGHLIGHTS:
• Situated in Punta Gorda
• Close to shopping, dining, and everyday conveniences
• Near parks, boat ramps, and outdoor recreation
• Easy access to Charlotte Harbor
• Short drive to historic downtown Punta Gorda, Fishermen's Village, and local waterfront destinations
An excellent opportunity to own a waterfront homesite in a sought-after area-perfect for building now or holding as an investment in Southwest Florida's growing market.
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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%.
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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