1005 Hilltop Drive
About This Property
Situated in a desirable non-gated community, this spacious home offers over 1,900 sq. ft. of living space and is just 1.5 miles from the beautiful beaches of Naples. Located near premier shopping and dining at Mercato and Waterside Shops, you'll also enjoy the convenience of the nearby luxury movie theater and vibrant local attractions. Downtown Naples is just a short drive away.
This property features two generously sized bedrooms and two bathrooms, with a versatile converted lanai that can serve as a third bedroom, office, or playroom.
The kitchen is equipped with granite countertops, and the vaulted ceilings in the living and dining areas enhance the open and airy feel, creating an ideal space for gatherings.
Outdoors, you'll find a lush, garden-like backyard with privacy fencing, perfect for enjoying the Naples sunshine. The extra-long driveway leads to a large carport at the rear of the property, offering ample space for cars, a boat, or recreational vehicles. Roof was updated in 2018.
This home combines comfort, convenience, and style, located close to some of Naples' best beaches, shopping, and entertainment options!
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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.
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About Central Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017