1380 Monarch Circle
About This Property
Step inside to discover a bright and airy open floor plan, where natural light pours through large windows, highlighting the sleek finishes and inviting spaces. The living area is perfect for cozy nights in or entertaining friends, flowing seamlessly into the dining area and a beautifully updated kitchen. With modern appliances, ample counter space, and chic cabinetry, this kitchen is sure to inspire your inner chef.
The primary suite is a serene retreat, complete with a spacious layout, a walk-in closet, and a spa-like en-suite bathroom. Two additional bedrooms offer flexibility for family, guests, or even a dedicated home office. The second bathroom is equally well-appointed, ensuring convenience and comfort for all.
But the crown jewel of this home is the backyard oasis. Step outside to your private, screened-in pool area-a dreamy spot to soak up the Florida sunshine, host weekend barbecues, or simply unwind with a good book. The lush landscaping adds to the sense of tranquility, making every day feel like a vacation.
Located in a desirable Naples neighborhood, this home is just minutes from world-class beaches, top-rated schools, shopping, dining, and entertainment. Whether you're looking for a forever home or a seasonal retreat, 1380 Monarch Circle is a rare find that truly has it all.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017