5649 Sabal Trace DRIVE
About This Property
You need to see this one! Located near Manasota Key, Siesta Key, St Armands Circle, Lido Key, and Casey Key all within easy reach of amenities, this property offers the ideal Florida lifestyle. With over $250,000 in thoughtful investments and updates, all you need to do is move in and enjoy. Contact us today to schedule your private tour and experience the exceptional value and comfort this home offers.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 3, 2024 | Sold | ||
| Sold | |||
| Mar 3, 2024 | In contract | - | |
| In contract | |||
| Feb 1, 2024 | Price Decreased |
$549,900
↓ $19K
(3.4%) | |
| Price Decreased | |||
| Jan 5, 2024 | Price Decreased |
$569,000
↓ $10K
(1.7%) | |
| Price Decreased | |||
| Dec 13, 2023 | Price Decreased |
$579,000
↓ $10K
(1.7%) | |
| Price Decreased | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
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About North Port Charlotte
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017