4325 Knollwood Dr

Punta Gorda, FL 33982
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3 bd, 2 ba | 2,023 sqft | Built in 1984

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List Price
$230,000

Initial Investment

$62,675

Purchase Price

$230,000

Down Payment

25%

Rent

$2,160

Total Return

$161,271

Annualized Return

30.2%

Cap Rate

6.8%

Gross Yield

11.3%

Cash Flow

$2,110

Appreciation

10.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

9,721

HOA

None

Flood Risk

High Risk - Zone AE

This 3 bedroom, 2 bath home is located in the rural community of Tee and Green Estates and offers ceramic tile in main living areas, decorator light and fan fixtures, screened and tiled lanai, and spacious open and fenced patio in rear of home. Huge eat-in kitchen boasts warm wood cabinetry, walk in pantry, and spacious dining area. Large, dedicated laundry room is equipped with newer washer in 2022 and dryer. Other key features include storm shutters and hurricane code garage door, new AC compressor in 2022, wiring for cameras in laundry room and 2 in rear of house, driveway with extra parking pad, and public water for convenience and reliability. Proximity to local waterways and beaches, dining, shopping, and golf courses makes this property ideal for the Florida lifestyle. Also, easy access to public parks with bike and walking trails and picnic areas, and boat ramps providing access to many waterways, beautiful Charlotte Harbor, Peace and Myakka Rivers, and the Gulf of Mexico. Just a short distance to historic downtown Punta Gorda and easy access to Interstate 75 with Sarasota and Tampa to the North and Fort Myers and Naples to the South.

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

Annual Financial Highlights

Expected Rent

$24,624

Expenses

-$6,760

Property Taxes

-$3,250

Loan Payments

-$12,504

Net Cash Flow

$2,110

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:Robbie Sifrit
Agent License 677747
RE/MAX ANCHOR OF MARINA PARK
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #C7491273
Last Updated: 04/16/2024 14:04
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