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13307 Snook Circle
About This Property
As you walk, you can't help but to notice that on the way to your huge dock, the pavers are tiered, providing interest and several distinct entertainment areas. You continue and see the tiki and then listen to the falling water from your lighted water feature... the water cascading down glistens like diamonds, but you press on. You go to the dock, you can't wait to get in your boat and cruise to the gulf. There is a bridge so you lower your bimini top as we are now at high tide. You have a wonderful day on the water and now return, but wait it is dusk.. now the water feature takes on new life with the back lighting, the tiers of your patios are lit from underneath, key elements of your tropical landscaping are lit up and welcoming and now you are home! You gather your things and sit in your tiki enjoying the sound of falling water and know you have arrived.
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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 |
|---|---|---|---|
| Jan 19, 2024 | Listed by BHHS Florida Realty | $960,000 | |
| Listed by BHHS Florida Realty | |||
| Aug 24, 2022 | Sold | ||
| Sold | |||
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About South Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017