28304 PASADENA DRIVE
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 29, 2026 | Listed by JOHN R. WOOD PROPERTIES | $17,500 | |
| Listed by JOHN R. WOOD PROPERTIES | |||
| Oct 30, 2025 | Sold | ||
| Sold | |||
| Oct 14, 2025 | In contract | - | |
| In contract | |||
| Jun 30, 2025 | Price Decreased |
$10,900
↓ $5K
(31.5%) | |
| Price Decreased | |||
| Jan 16, 2025 | Listed by PLATINUM HOMES AND LAND REALTY | $15,900 | |
| Listed by PLATINUM HOMES AND LAND REALTY | |||
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**Price reduction!** Welcome to your piece of paradise in Punta Gorda's Tropical Gulf Acres! Nestled within the growing community of Tropical Gulf Acres, this exceptional lot offers you the opportunity to build your dream home in a serene and charming environment. Located just moments away from the historic district of Punta Gorda, this prime real estate promises a lifestyle of tranquility, elegance, and easy access to the best the region has to offer with the sought after west coast beaches nearby! As you enter the subdivision, be greeted by the sight of royal palm-lined streets that provide a regal entrance to your new haven. Picture yourself strolling along these picturesque avenues, surrounded by lush greenery and a sense of community that defines Tropical Gulf Acres. The charm of this neighborhood is truly unparalleled providing lovely amenities such as tennis courts, a local park and pavilion, and playground for the community's usage. This lot is situated just a short distance from the alluring Harborwalk and Fishermen's Village on the breathtaking Charlotte Harbor. Enjoy waterside shopping, delightful cafes, and the invigorating sea breeze as you explore the vibrant atmosphere of this waterfront destination. This community has NO HOA and no deed restrictions. The lot is zoned for residential usage and is currently undeveloped and vacant, ready to for your future building plans! Note: all buyers and buyer's agent must due their due diligence with the local building and permitting department regarding building/permitting questions pertaining to the lot.
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Property Highlights
Building Info
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Price/ft²
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About Charlotte
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$6,500 /mo
- 3 Beds
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- 2,110 ft²
$6,500 /mo
- 3 Beds
- 2 Baths
- 1,741 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017