4 HUMMINGBIRD DRIVE
About This Property
Located on a quiet street with paved road access, this property is ideal for building your future home or holding as an investment. The area is experiencing steady growth, making it attractive for both homeowners and investors seeking long-term value.
Enjoy close proximity to Gasparilla Rd, providing convenient access to Boca Grande, Englewood Beach, golf courses, marinas, shopping, and dining. A perfect combination of tranquility and accessibility in Southwest Florida.
Don't miss your chance to secure land in this desirable area!
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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