28944 GIN LANE
About This Property
Welcome to the gated community of The Estates on Peace River in Punta Gorda, Florida! This beautiful custom home sits on a spacious 1.36-acre parcel and features over 2780 square feet of air-conditioned living space. With four bedrooms, an office/den, three full baths, an assigned BOAT SLIP, and a three-car side load attached garage, this home has plenty of room for everyone. The interior boasts many custom features, including a neutral decor with a beamed great room ceiling and decorative electric fireplace, tile flooring (except in the bedroom), tray ceilings, crown molding in many rooms, beautiful 8' single-panel doors, and 5" base trim. You will also find abundant interior storage, and dual-zone climate control. The designer kitchen features stone counters with a decorative backsplash, matching stainless appliances, stunning solid wood soft-close cabinetry, and a concealed custom walk-in pantry. The open floor plan has a split bedroom design for added privacy, and the roomy primary retreat boasts an en-suite bathroom with an impressive walk-in shower, a garden tub, and two custom-designed walk-in closets. The property also includes an irrigation well, an oversized paver-stone circle driveway, a 1500~ square foot rear screened pool enclosure with pavers, a built-in grilling station, and a heated saltwater pool. The house has highly efficient PGT impact windows and doors, a 24-gauge metal roof, underground utilities, a private dock, a paver stone walkway, and public water and sewer connections. The Estates on the Peace River is a master-planned community of just 28 .9+ acre parcels, each with an assigned boat dock and access to the community boat launch and tiki hut pavilion. The community has a modern "coastal" motif and offers an old Florida lifestyle while providing ultra-convenient rural living with a modest monthly association fee. The Estates on Peace River is conveniently located just 1 mile from Charlotte County Emergency Services, 3 miles from shopping, 8 miles from Interstate 75 (exit 164), and 10 miles from historic downtown Punta Gorda and the Punta Gorda Airport (PGD). Take a drive and see The Estates on Peace River for yourself! The seller is motivated. Bring all offers.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 6, 2025 | Sold | ||
| Sold | |||
| Oct 4, 2025 | In contract | - | |
| In contract | |||
| Aug 31, 2025 | Price Decreased |
$950,000
↓ $50K
(5%) | |
| Price Decreased | |||
| Aug 19, 2025 | Price Decreased |
$1,000,000
↓ $50K
(4.8%) | |
| Price Decreased | |||
| Jan 22, 2025 | Price Decreased |
$1,050,000
↓ $129K
(10.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017