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11817 Drake Lane
About This Property
Welcome to 11817 Drake Lane in Valencia Trails, located in North Naples between Immokalee Rd and Vanderbilt Beach Rd. This single-family home features a lake view and convenient access to Gulf beaches, shopping, restaurants, and downtown Naples.
The home includes 4 bedrooms and 3 bathrooms, with hardwood flooring, custom lighting, and a built-in wine closet. The interior layout accommodates everyday living and entertaining.
The outdoor area includes a private swimming pool and spa, along with an outdoor kitchen for dining and gatherings. The garage features built-in storage and an additional refrigerator.
Located in the Valencia Trails community, the property is near North Naples restaurants, retail centers, recreational facilities, and Gulf beaches. The home may be suitable for year-round or seasonal occupancy.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 10, 2026 | Listed by Beycome of Florida LLC | $1,395,000 | |
| Listed by Beycome of Florida LLC | |||
| Sep 24, 2024 | Sold | ||
| Sold | |||
| Aug 12, 2024 | In contract | - | |
| In contract | |||
| Jul 15, 2024 | Listed by John R Wood Properties | $1,275,000 | |
| Listed by John R Wood Properties | |||
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Exquisite and spacious, this 4-bedroom, 3-bathroom home boasts a resort-style commercial pool and spa and a 3-car garage. Luxuriously upgraded, fully furnished, and tastefully decorated, it is perfectly situated on a lot with sparkling lake views, perhaps the best lot at Valencia Trails. Bring only a suitcase and a key to enjoy this one-of-a-kind impeccable home. Do you have a cook in your family? The designer kitchen, equipped with natural gas, will not disappoint! An oversized island with seating is open to the living area and offers a beautiful view of your private yard overlooking the lake, made even more enjoyable with the addition of invisible screens on the lanai, perfect for capturing the views. Experience the ultimate Florida lifestyle in the gated community of Valencia Trails, where amenities abound, and the opportunities for living your best life are endless. With a 43,000 sq. ft. clubhouse, a 10.7+ acre recreation complex, and miles of scenic walking trails, you can indulge in your favorite leisure activities. Swim in the pool, gather with friends for lunch, play pickleball with neighbors, join a game of poker, or enjoy a Broadway-style show. The possibilities for living the life you've always dreamed of are endless at Valencia Trails!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017