5406 Shell Mound CIRCLE
About This Property
This better-than-new Mulberry model is a true gem, fully upgraded and set in a NO FLOOD ZONE. Its unique location offers one-of-a-kind sunset views, unmatched by any other home in the Calusa Creek community. With a long water view of the serene pond and fountain, every evening transforms into a spectacular display of color as the sun sets across the horizon.
The home features screened-in front and back patios, perfect for relaxing and embracing Florida's natural beauty. Inside, thoughtful upgrades abound, including modern LED kitchen lighting, enhanced landscaping, a water softener system, and convenient garage shelving. Leased solar panels promise future energy savings, while the $7,500 Aztek Water Filtration System ensures pristine water quality throughout the home.
An advanced electronic air cleaner, integrated into the air-handler system, eliminates harmful pathogens for a healthier living environment. Additionally, a $3,000 garage air exhaust system vents overheated air into the attic and out through the soffits, with adjustable settings for customized comfort.
Located just around the corner from the heated community pool, residents enjoy easy access to Calusa Creek's top-tier amenities, including a clubhouse, playground, and gated entry. Positioned near Punta Gorda's best offerings-golf courses, scenic trails, farmers' markets, world-class fishing, award-winning dining, and exciting events at the Event Center-this home embodies both luxury and convenience. With Punta Gorda Airport nearby, travel is a breeze.
Don't miss your chance to own this sunset haven! Schedule your showing today-this one-of-a-kind property won't stay on the market long!
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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 |
|---|---|---|---|
| Jan 10, 2025 | Sold | ||
| Sold | |||
| Dec 19, 2024 | In contract | - | |
| In contract | |||
| Nov 10, 2024 | Price Decreased |
$315,000
↓ $4K
(1.3%) | |
| Price Decreased | |||
| Oct 31, 2024 | Price Decreased |
$319,000
↓ $6K
(1.9%) | |
| Price Decreased | |||
| Oct 17, 2024 | Listed by LPT REALTY | $325,000 | |
| Listed by LPT REALTY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017