5931 DAVID BOULEVARD
About This Property
Enjoy easy access to shopping centers, major retailers, medical facilities, restaurants, and the Charlotte Sports Park. When it's time to unwind, the beautiful Gulf beaches are just a short drive away, offering sun-soaked days and breathtaking sunsets.
Gulf Cove has no mandatory HOA fees, giving you flexibility and freedom. However, the voluntary Gulf Cove Property Owners Association offers exceptional value with a low annual fee, providing members exclusive access to a private waterfront park and boat ramp on the Myakka River - perfect for boating, kayaking, and enjoying Southwest Florida's natural beauty.
Commuting and travel are simple with nearby Interstate 75 and four regional airports, including Punta Gorda Airport, connecting you wherever you want to go.
With continued growth in the surrounding area and a recent major price adjustment, 5931 David Blvd presents an attractive opportunity for builders, investors, or future homeowners looking to secure property in one of Port Charlotte's hidden gems.
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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