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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 |
|---|---|---|---|
| Aug 7, 2020 | Sold | ||
| Sold | |||
| Jun 12, 2020 | Listed by Barr Agency Real Estate | $30,000 | |
| Listed by Barr Agency Real Estate | |||
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BEAUTIFUL LOCATION FOR YOUR FLORIDA DREAM HOME OR AN INVESTMENT HOME (UP TO 5 UNITS). EXTRA DEEP LOT ON THE CANAL IN ROTONDA WEST. CLOSE TO SHOPPING, GOLFING, SCHOOLS & BEACHES. CLEAR, BUILDABLE, MULTI FAMILY ZONED LOT ON A QUIET STREET, CLOSE TO GULF OF MEXICO BEACHES SUCH AS BOCA GRANDE AND MANASOTA KEY. DISCOVER FLORIDA'S BEST KEPT SECRET! THERE AREN'T TOO MANY AFFORDABLE VACANT LOTS LEFT IN FLORIDA! DON'T MISS OUT ON BUILDING YOUR DREAM HOME OR BUILDING YOUR INVESTMENT PORTFOLIO. BRING ALL OFFERS!
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About Rotonda
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$6,750 /mo
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$4,500 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017