140 Wilderness Cay
About This Property
30 minutes to Downtown Naples, and mere minutes to Port of the Islands' full-service marina, with a public boat ramp, ship store, fuel, bait, food & drinks. For peace of mind, 24-hour EMS and fire services are located right within the community. Nearby are public golf courses, a public shooting range, and Everglades National Park - accessible by car or boat - for those craving even more adventure. Build your custom dream home on one of the most spectacular waterfront lots in Southwest Florida. Whether you're an avid angler, boater, nature lover, or simply someone who craves tranquility and endless views, this property checks every box. Don't miss this rare opportunity - they simply aren't making waterfront lots like this anymore. Your dream home begins here!
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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