598 Bal Harbor BOULEVARD
About This Property
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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 |
|---|---|---|---|
| May 31, 2024 | Sold | ||
| Sold | |||
| Apr 15, 2024 | In contract | - | |
| In contract | |||
| Apr 6, 2024 | Price Decreased |
$725,000
↓ $15K
(2%) | |
| Price Decreased | |||
| Mar 26, 2024 | Listed by RE/MAX ANCHOR OF MARINA PARK | $740,000 | |
| Listed by RE/MAX ANCHOR OF MARINA PARK | |||
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Looking for a great investment property? Well, here it is! This home has a strong VRBO history. Million Dollar Saltwater Views! This totally updated and tastefully appointed pool home invites you in and entices you to stay and enjoy the spectacular water views and the bright and airy atmosphere of this stunning home with a coastal decor. Shows like a model with every amenity you could ever want in a home. Situated in a prime location at the end of a wide saltwater canal with long view down the waterway from your observation patio at the dock to enjoy spectacular sunrises and watch mother nature at her best. When you enter the home you will immediately notice the natural lighting that floods the main living area. Attention to detail is everywhere from the luxury wood plank tile flooring to the custom plantation shutters. Key features include decorator light and fan fixtures and recessed lighting, numerous sliding doors that bring the outdoors in and provide great views of the pool and waterway, color accent walls, and with over 2100+ square feet of living space, there will be plenty of room for entertaining family and friends. The split bedroom concept offers you and your guests privacy with a sliding pocket door that closes off the 2 guest bedrooms from the rest of the house. The Florida room leading to the pool area with a dry bar and wine fridge will make entertaining a breeze. And the gourmet kitchen is a chef’s dream with rich wood soft-close cabinetry with task lighting and crown molding, center island with sink and decorative pendant lighting, custom quartz counters with tile back splash, stainless appliances including 3 door fridge, built in oven and microwave, closet pantry, and breakfast bar that opens the main living area for easy entertaining. Your master suite will be your sanctuary with private living area with slider to the pool and lanai, walk in closet, and beautiful en-suite bath with wood cabinetry and custom tiled Roman shower. Entertain or just enjoy relaxing on your 34x11 lanai or lazing in your heated pool providing year round enjoyment. Stroll down to your observation patio and enjoy the view down the long and wide waterway. Other key features include Kevlar storm protection, dedicated laundry room with washer & dryer, overhead cabinets and utility tub, new metal roof and AC system in 2022, and concrete seawall that is maintained by the City of Punta Gorda. Impressive curb appeal with meticulously maintained tropical landscaping, concrete curbing and decorative rock, numerous mature palms, and an oversized 2.5 car side entry garage. This home is situated on over a third of an acre in the center of Punta Gorda Isles with a short drive to historic downtown Punta Gorda and popular waterfront Fisherman’s Village both with quaint shops, cafes and restaurants. Proximity to local waterways and beaches, dining, shopping, and golf courses makes this property ideal for the Florida lifestyle. Also, easy access to public parks with bike and walking trails and picnic areas, and boat ramps providing access to many waterways, beautiful Charlotte Harbor, the Peace and Myakka Rivers, and the Gulf of Mexico. And easy access to Interstate 75 with Fort Myers and Naples to the South and Sarasota and Tampa to the North. Quiet waterfront community, yet all conveniences and amenities nearby. Don’t let this rare gem get away!
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| Oct 23, 2022 | No longer available | - | |
| No longer available | |||
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About Punta Gorda
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017