3400 PALM DRIVE
About This Property
The open-concept floor plan showcases a modern look with abundant natural light, Level 5 granite countertops, soft-close cabinets and drawers, and a stylish electric fireplace that adds both warmth and character to the living space. The primary suite features his-and-hers closets for maximum storage and convenience. The luxurious primary bathroom offers a frameless glass shower enclosure for an open, airy feel, floor-to-ceiling large gray tiles for a modern look, a pebble-stone shower floor adding texture and spa vibes, a recessed niche with mosaic tile accent and lighting, and matte black shower fixtures that are on-trend and cohesive.
Step outside to a large covered patio in the backyard, perfect for entertaining, relaxing, or enjoying your future pool if you so desire. Built for peace of mind, this home includes hurricane impact windows and doors and built up on a high stem wall. Additional upgrades include an elevated A/C system and water heater for added protection and efficiency.
Ideally located within biking distance to downtown Punta Gorda Gorda Fl, you'll enjoy easy access to shopping downtown or at Fisherman's Village, waterfront dining, waterfront parks along the Harborwalk, and local events and fairs. This new construction home is a fantastic opportunity for a primary residence, seasonal retreat, or investment property.
Schedule your private showing today and experience all this home has to offer.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017