30193 Oak ROAD
About This Property
From the exterior, this enchanting property showcases a quintessential Florida charm with a circular driveway, and an inviting covered front porch, perfect for sipping morning coffee while soaking in the Florida sunshine. Step inside to discover recent updates, including new light fixtures, tile floors, and a welcoming open floor plan.
The master bedroom is a spacious retreat with ample closets and an updated en suite bathroom. On the opposite side, two large bedrooms offer great storage and share an additional updated bathroom. The kitchen is a chef's delight, featuring fabulous cabinet space with granite counters and a breakfast bar connecting seamlessly to the expansive family room at the rear. An indoor laundry with pantry-style storage adds convenience.
Choose between a formal dining room or a separate family room in the front, while the large back room with a built-in desk serves as a fantastic living space, seamlessly connected to the kitchen and dinette. This home has it all, including the option to join a community HOA and access a boat ramp for adventures on the Peace River. Conveniently located near downtown Punta Gorda, I-75, Arcadia, excellent shopping, top-notch restaurants, and more. Don't miss out – schedule your showing today and embrace the Florida lifestyle!
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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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About Charlotte
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017