1252 Manado Drive
About This Property
The thoughtful two-story floor plan provides comfortable living with distinct spaces for relaxation and privacy. The home features impact-resistant windows and sliders throughout, providing peace of mind and energy efficiency year-round. The primary suite includes an ensuite bathroom and generous closet space, while the guest bedrooms offer extra space for family or visitors. A spacious attached two-car garage and extra long driveway add to your everyday convenience and extra storage.
Artesia offers an exceptional lifestyle surrounded by 261 acres of lakes and nature preserves. This gated, pet-friendly and low maintenance community features a resort-style pool, clubhouse, fitness center, pickleball and tennis courts, bocce, dog park, billiards room, library, theater, and scenic walking and biking paths. Residents also enjoy low HOA fees, no CDD, and included cable and internet, providing convenience and peace of mind.
Perfectly located between Naples and Marco Island, Artesia offers easy access to pristine beaches, Rookery Bay, golf courses, shopping, and dining, everything that makes Southwest Florida living so special.
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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 South Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017