30451 Alder ROAD
About This Property
The recently rescreened lanai, with a convenient pass-thru from the kitchen, is ideal for entertaining or simply relaxing and enjoying the Southwest Florida lifestyle. For a minimal yearly fee of $35, the voluntary homeowner's association grants access to a community-owned boat ramp with gated, locked parking. Enjoy Shell Creek and the Peace River, with access to Charlotte Harbor and the Gulf of Mexico. Participate in various social activities at the community clubhouse.
Experience quiet, peaceful country living while being a short drive to everything that makes Punta Gorda one of the best places to live in Southwest Florida. This location allows quick access to I-75, shopping, dining, golf courses, and excellent year-round fishing!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017