5474 Sabal Trace DRIVE
About This Property
The quiet, gated community is tucked away in a serene setting, yet is only a half mile to the conveniences and fun that you will love to have nearby--including shops, restaurants, banking, and Cooltoday Park (Braves Spring Training facility!) Beaches and world-class boating are just a short drive away. The community pays for irrigation, and is on the same grid as the firehouse and police station for quicker power restoration after a storm. Step into this peaceful retreat and experience your forever home!
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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 North Port Charlotte
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$2,250 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017