139 Estelle Drive
About This Property
an active 55+ community! If you enjoy entertaining this floor plan
is perfect. Open living room with vaulted ceilings leads to a great
Florida room. Spacious kitchen,Corian countertops and breakfast
bar. Large laundry room with plenty of storage. Master bedroom
walk in closet and master bath. On the other end are 2 private
guest bedrooms and bath. A well for lawn irrigation helps with
water expenses. A two car garage with plenty of storage, Being
sold turnkey, just move right in! Enjoy the salt water pool with
lap lanes,shuffleboard,pickleball,tennis and Bocce courts. RGE
also has a fitness room, billiard room,darts and a library. All this
tucked away but only 5 miles from 5Th Ave. and beautiful
beaches!
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Cap Rate Calculator
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 South Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017