127 Newport Drive
About This Property
Welcome to 127 Newport Drive, a well-maintained and beautifully appointed 3-bedroom, 2-bath home in the Port of the Islands district of Naples. This stunning property is being sold furnished and turnkey, offering the perfect move-in ready solution for those seeking comfort and convenience in a tropical paradise.
Tile roof replaced in 2017, new hot water heater, and a 5-year-old air conditioner, this home offers peace of mind and is ready for immediate enjoyment. The home's layout is designed with a seamless flow, offering ample space for living and entertaining. The open living areas are perfect for hosting guests or relaxing with family.
Key Features:
Fully furnished and turnkey – move right in!
Newer tile roof (installed [2017])
New hot water heater
5-year-old air conditioner
18' Hurricane boat (2017) with very low hours included
2 boat lifts on a private dock with unobstructed Gulf access
NO HOA association fees – enjoy complete freedom
Long water views with breathtaking sunrise views every morning
Picture yourself sipping your morning coffee or tea on the spacious lanai, gazing out at the serene water views as the sun rises. The private backyard is perfect for enjoying Florida's year-round sunshine and features a beautiful grapefruit tree, just waiting for you to pick fresh fruit every morning.
The property boasts direct, unobstructed access to the Gulf of Mexico, ideal for boating enthusiasts and those who love waterfront living. Whether you're out on the water or relaxing on your lanai, this home truly offers the best of Florida living.
Additional Details:
Location: Port of the Islands, Naples, FL
Waterfront: Yes, direct access to the Gulf of Mexico
Private Dock with Boat Lifts
Water Views: Long water views with sunrise exposure
Don't miss out on this rare opportunity to own a fully furnished, turnkey home in one of Naples' most desirable waterfront communities. Schedule your private tour today!
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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%.
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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