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112 Bordeaux Court
About This Property
in-home laundry area with washer/dryer, a well for lawn irrigation (saves serious $ on the water bill), and an outdoor covered patio with a privacy hedge. The exterior has been freshly painted, and the owner has been meticulous in maintaining the home in its current excellent condition. The home's location on a quiet cul-de-sac means no traffic noise. Resort-style amenities include a saltwater community pool with lap lanes, tennis/pickleball/bocce courts, shuffleboard, a clubhouse with active social calendar, exercise room, billiards room, and more, all for a low HOA fee of just $144/month (includes basic internet). Riviera Golf Estates, which is a quiet 55+ community, is just a short drive from the beach and the many fine restaurants and shops in Downtown Naples! If you're looking for the perfect blend of style, comfort, convenience and affordability, you've found your new home!
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Cap Rate Calculator
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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017