1233 Neapolitan Rd

Punta Gorda, FL 33983
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3 bd, 2 ba | 3,063 sqft | Built in 1987

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List Price
$365,000

Initial Investment

$99,463

Purchase Price

$365,000

Down Payment

25%

Rent

$2,280

Total Return

$292,236

Annualized Return

30.6%

Cap Rate

4.7%

Gross Yield

7.5%

Cash Flow

-$3,793

Appreciation

13.4%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

9,598

HOA

$14/mo

Flood Risk

Not Required

Opportunity knocks with this home nestled in the highly desirable Deep Creek community. This spacious home offers the perfect blend of comfort, potential, and location. This abode has great bones and the major items are complete and ready for you to add your personal touch with some cosmetic TLC and make it truly your own. Recent updates include a brand-new roof (2023) and new skylights, filling the home with natural light and peace of mind for years to come. The overhead plumbing was also replaced in 2023 to PEX. The A/C system, regularly serviced, comes with a transferable maintenance plan for worry-free comfort. Enjoy your private oasis with a new pool screen, creating a fresh and inviting outdoor space overlooking a beautiful greenbelt. The backyard is very spacious and offers tranquil views of the water and lush greenery, providing the perfect backdrop for your morning coffee or evening gatherings. Inside, you’ll find an abundance of space, a layout that invites creativity, and endless opportunities to customize and modernize to your heart’s desire. Nearby amenities include Deep Creek Golf Club, Community Parks and Playgrounds, Downtown Punta Gorda for Waterfront dining, boutique shopping and a calendar full of events, Convenient access to I75 and within range to some of the most pristine beaches along the Southwest Coast of Florida. Whether you’re looking for a forever home or a project with incredible potential, this property is the perfect place to create your vision. Don’t miss out—schedule your private showing today and start your next chapter in paradise!

See more in Analysis
Jeff Wills
Sefair Investments, Inc
FL Agent License #BK3326417

Annual Financial Highlights

Expected Rent

$25,992

Expenses

-$4,792

Property Taxes

-$5,150

Loan Payments

-$19,843

Net Cash Flow

-$3,793

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Soula Vandoros
Agent License 3330175
MICHAEL SAUNDERS & COMPANY
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #C7500571
Last Updated: 11/19/2024 21:11
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