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Cleveland 33982
860 Robinhood DRIVE
$282,500
● House - Off Market

860 Robinhood DRIVE

PUNTA GORDA, FL 33982
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,475 Ft²
$386,431
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

Fixer upper located in the Cleveland area of Punta Gorda on 5.4 acres.  The Cleveland area is some of the closed acreage to I-75 and the downtown area of Punta Gorda.  Could be great for a business owner wanting to run the business from the house. This is a unique property offering a 2 bedroom, 2 bath main house with a HUGE lanai almost as big as the house.  There is a detached~~~ 2 bedroom, 1 bath with a wall A/C unit perfect for rental income or mother in law suite. There are 6 stables and a large shed.  Partially fenced. Pond on site.  There is hurricane damage to the main house and it will need new interior ceilings and some duct work.  This property has SO many possibilities and is priced accordingly. Culligan handles the water system.  There are 2 septics: one for each home but only one FPL meter.
Unit Size
2,475 Ft²
Days on Market
22 days
Land Size
5.41 acres
Price per sqft
$152
Property Type
House
Property Taxes
$621
HOA Dues
-
Year Built
1973

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 3 years ago (Stellar MLS #C7471098)

Price History

Date / Event Date Event Price
Mar 9, 2023 Sold
Premium
Sold
Feb 8, 2023 Listed by RE/MAX PALM PCS $375,000
Listed by RE/MAX PALM PCS
Mar 2, 2021 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 2
  • Total Rooms: 2
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 10
  • Construction Type: 6
  • Building Style: 28
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 124
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 235,659
  • Total Building Area: 2,123
  • Gross Building Area: 2,332
  • Building Area: 2,123
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,123
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TOWN ESTS
  • Land Acres: 0000005410
  • Standard Land Use Code: 1001
  • County Land Use Code: 0108
  • State Land Use Code: 050
  • Legal Description 1: TOWN ESTS LT 59 199/456 375/766 755/1696 2108/397 4169/1586 DC4718/471-DMB AFF4718/474 DC4718/471-DMB AFF4718/474 4718/475 4718/477

Neighborhood

  • School District Name: Charlotte County School District
  • Census Tract: 010200

Zoning

  • Zoning: RE1

Geography

  • Assessors Map Reference: 5A35S
  • Account Number: 01014220000006
  • Subdivision Tract Number: 59
  • Parcel: 402335402003
  • Lot: 59
  • Meridian: SEC 35 TWN 40S RNG 23E
  • Latitude: 26.9525
  • Longitude: -81.9824

    Address

  • Full Address: 860 Robinhood Dr
  • Address - House Number: 860
  • Address - Street Name: Robinhood
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Punta Gorda
  • Carrier Code: R004
  • 4-Digit Zip Code: 2022
  • Zip Code: 33982

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $737,659
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 110

    Appraisal Valuation

  • Standard Deviation: 0.2222
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 69
  • Final Value: 462,173
  • High Value: 564,872
  • Low Value: 359,474

    Market Valuation

  • Market Total Value: $405,043
  • Market Land Value: $160,948
  • Market Improvement Value: $244,095

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $378,451

    Sales

  • Current Sale Contract Date: Mar 02, 2023
  • Current Sale Recording Date: Mar 09, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3232510
  • Previous Sale Recording Date: Mar 02, 2021
  • Previous Sale Contract Date: Feb 25, 2021
  • Previous Sale Amount: $210,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Cleveland

Stats & Trends

Median Asking:

$301,500

Sale Price/ft²

$186

Below Asking

0.05%

Average Days on Market

123

Average Home Size

1608 ft²

Average Home Age

45.3 years

Currently For Sale

15 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 27097 Omni Lane, FL, 33983

$2,750 /mo

  • 3 Beds
  • 2 Baths
  • 1,056 ft²
27097 Omni Lane, FL, 33983 Listing by Mandy Compton

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Leann Croke
RE/MAX PALM PCS
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# C7471098
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 860 Robinhood Drive built and last sold?
The property at 860 Robinhood Drive was built in 1973 and last sold on Mar 2, 2023 for $282,500.
How much is this home worth?
The estimated value of the home located at 860 Robinhood Drive is $375,859.
What are some comparable homes to 860 Robinhood Drive?
There are currently no comparable homes to 860 Robinhood Drive.
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