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7331 S PLUM TREE
About This Property
Step inside to a vaulted great room filled with natural light, opening through sliding glass doors straight onto the lanai for effortless indoor-outdoor living. The kitchen features white cabinetry, stainless steel appliances, and a breakfast bar that keeps the cook in the conversation, with easy flow into the dining area.
The primary suite offers a walk-in closet and a private bath with dual sinks topped in quartz-look stone, a corner soaking tub, and a separate glass-enclosed walk-in shower. A second bedroom and a den with built-in shelving round out the floor plan - room for guests, family, or a home office.
Outside is where this home sells itself. The screened lanai stretches the full width of the house, overlooking a flat, shaded yard under mature live oaks and towering royal and foxtail palms - plenty of room to relax, entertain, or just enjoy the outdoors.
Burnt Store Meadows is an established, deed-restricted HOA community minutes from downtown Punta Gorda, Fishermen's Village, shopping, dining, boating, and waterfront entertainment, with easy access to US-41 and I-75.
Great location, huge outdoor living, Flood Zone X, and Florida charm - come see what makes this one stand out.
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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 |
|---|---|---|---|
| Sep 11, 2026 | Sold | ||
| Sold | |||
| Sep 1, 2026 | In contract | - | |
| In contract | |||
| Aug 26, 2026 | Listed by COLDWELL BANKER REALTY | $275,000 | |
| Listed by COLDWELL BANKER REALTY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017