26
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627 MONACO DRIVE
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 |
|---|---|---|---|
| Oct 8, 2026 | Listed by ALLISON JAMES ESTATES & HOMES | $114,900 | |
| Listed by ALLISON JAMES ESTATES & HOMES | |||
| Nov 13, 2025 | Price Decreased |
$117,500
↓ $500
(0.4%) | |
| Price Decreased | |||
| Mar 17, 2025 | Price Decreased |
$118,000
↓ $2K
(1.7%) | |
| Price Decreased | |||
| Dec 3, 2024 | Price Decreased |
$120,000
↓ $5K
(4%) | |
| Price Decreased | |||
| Oct 21, 2024 | Listed | $125,000 | |
| Listed | |||
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GOLF COURSE/LAKE VIEW LOT in Deed Restricted Burnt Store Isles! This highly desirable location borders the golf course, featuring scenic lake shoreline directly behind, along one of the Twin Isles Golf Course Lakes. The beauty of this lake is enhanced with plenty of local wildlife, including ducks, cranes, herons, ibis, cormorants and much more. Area residents are eligible for membership in the Twin Isles Country Club, a short walk away, with 18 holes of golf, tennis courts, a swimming pool, a fine restaurant and many community activities. Burnt Store Isles has very little vacant land remaining, this may be your one of your last chances! There are no mandatory HOA fees, membership in the Burnt Store Isles Association is optional at $50/year (it is a Neighborhood Association, not an HOA by Florida Statute 720). Deed restrictions are listed on the website at BSIA.net, enforced by the applicable City of Punta Gorda zoning district. Listing agent is related to owner.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017