962 CORVETTE DRIVE
About This Property
Inside, you'll find well-sized bedrooms that provide comfort and flexibility for family, guests, or a home office. The inviting living area features a cozy fireplace, adding warmth and character to the space. This home also offers valuable updates and features, including an updated electrical panel, a well irrigation system to help maintain the yard efficiently, and the added peace of mind of being located in a non-flood zone. Situated on a desirable corner lot, this home offers added privacy and curb appeal, all within a highly sought-after neighborhood known for its charm and convenience. Location truly shines here. Just minutes from the beautiful Gulf beaches, Eagle Lake Park, local dining, shopping, and everything that makes the Florida lifestyle so special. Whether you're looking for a primary residence, second home, or investment opportunity, this property is packed with potential, location, and value. Bring your vision and make it your own! Brand New Roof is Currently being installed.
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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 22, 2026 | Sold | ||
| Sold | |||
| Apr 21, 2026 | In contract | - | |
| In contract | |||
| Apr 16, 2026 | Listed by CENTURY 21 RE CHAMPIONS | $449,900 | |
| Listed by CENTURY 21 RE CHAMPIONS | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017