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1137 Diamond Lake Circle
About This Property
As part of the sale, the seller will lease back the property for a period of three years at $16,000 per year, unless negotiated differently in the sales contract. This provides an excellent opportunity for a buyer looking for a property with an established lease-back arrangement.
The site includes a 6' x 10' storage shed, providing convenient additional space for outdoor equipment and belongings. There is also extra room between this property and the neighbor to the east, along with additional common area, creating a more open and spacious feel.
With its prime location, beautiful water views, extra space, and convenient access to the clubhouse, this is a wonderful opportunity to own your own piece of Southwest Florida paradise!
Silver Lakes RV & Golf Resort is a vibrant, gated community conveniently located between Naples and Marco Island. Owners enjoy deeded, fee-simple ownership and an exceptional resort-style lifestyle with an active calendar of social activities and events.
Community amenities include a 9-hole golf course, two spacious clubhouses, three swimming pools, two hot tubs, pickleball courts, tennis courts, fitness center, bocce ball, shuffleboard, horseshoe pits, billiards, and ping pong. Whether you enjoy staying active, relaxing by the pool, playing a round of golf, or socializing with friends and neighbors, Silver Lakes offers something for everyone.
Just a short drive from downtown Naples, Marco Island, and the beautiful white-sand beaches of the Gulf, this property offers the perfect combination of relaxation, recreation, and the Southwest Florida lifestyle.
Don't miss this opportunity to own a beautiful lake-view RV site in one of Silver Lakes' desirable locations-with the added benefit of a three-year seller lease-back!
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017