There's something wonderfully easy about this charming 3-bedroom,
2-bath home in Longshore Lake. With 1,650 square feet, high
ceilings, a welcoming feel and a large screened-in lanai
overlooking a private backyard, it offers the kind of Florida
living that feels instantly comfortable-whether it's your
year-round home or your easy, lock-and-leave getaway. The owners
have already taken care of the big things, including beautiful
BRAND NEW LIGHT WOOD-LOOK LVP FLOORING and FRESH NEUTRAL PAINT
THROUGHOUT including ceilings and doors. The METAL ROOF is just 6
YEARS OLD, the HVAC is 6 years old and the water heater only
3 years old. And then there's the Longshore Lake lifestyle: a
premier gated North Naples community with 8 tennis courts, 4
brand-new pickleball courts, a fitness center, bar and restaurant,
an active calendar of community events and an incredible 88-acre
lake for electric boats, kayaks, canoes and paddleboards. With the
clubhouse also getting a much-anticipated renovation, there's even
more to look forward to. Great home, great setting, great
lifestyle-what's not to love?
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.
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