12902 Pond Apple Drive W
About This Property
Light and bright with neutral finishes, the generous floor plan provides over 3,400 sq ft under air. Guest suites are thoughtfully separated from the primary suite for added privacy. The gourmet kitchen features a convection cooktop, new granite countertops and backsplash, stainless steel appliances, and an open flow to the breakfast area and family room. Recent interior updates include new flooring, fresh paint, upgraded window treatments, and refined finishes throughout.
Significant enhancements elevate the property further, including an expansive pool cage with no-see-um screening, a whole-house generator with gas line and 1,000-gallon tank, a new pool heater and Jandy Aqualink system, two newer Trane A/C units, two new impact-rated sliders and a new front entry door, as well as upgraded garage doors with epoxy flooring. The landscaping is refreshed, and total improvements exceed $275,000 (see attached list).
Quail Creek Country Club offers a premier lifestyle with two 18-hole Arthur Hills–designed golf courses, tennis, pickleball, bocce, croquet, a resort-style pool and spa, state-of-the-art fitness center, full-service spa, steam rooms, card rooms, and multiple dining venues with year-round social programming. Golf, sport, and social memberships are available but not required.
Quail Creek Estates is known for its generous homesites, low HOA fees, roving 24-hour security, and desirable non-bundled status. Ideally located just 30 minutes from the airport or downtown Naples, this residence offers both privacy and convenient access to beaches, dining, and the best of Southwest Florida living!
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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.
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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 Urban Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017