13504 Mandarin Circle
About This Property
Recently updated with fresh paint, designer wallpaper, modern light fixtures, and elegant finishes, this home blends sophistication with comfort. The open layout and tasteful upgrades create a welcoming retreat, ideal for full-time living or a seasonal getaway.
Step outside to the extended, fenced-in lanai, perfect for outdoor dining and entertaining, while enjoying the tranquil natural backdrop.
Marbella Isles offers resort-style amenities, including a clubhouse with fitness center, card and media rooms, resort-style pool with waterslides, kiddie pool, tennis, pickleball, volleyball, and half-court basketball.
All of this in a gated community with low fees, located in the heart of Naples-just minutes from pristine beaches, fine dining, shopping at Mercato, vibrant downtown Naples, and only 25 minutes from Southwest Florida International Airport.
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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 North Naples
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$4,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017