14605 Catamaran Place
About This Property
This one packs a lot under the roof in the picturesque Naples Reserve community! 4-bedroom, 2-bathroom coastal retreat blends style and functionality, offering the perfect space for relaxation and entertaining. No flood insurance required. Step inside to discover wood-style tile flooring throughout-no carpet here! The modern kitchen boasts quartz countertops and an open layout perfect for hosting or creating culinary masterpieces. This home features an integrated ADT security system, including rear and front cameras, a doorbell camera with talk functionality, smart lock/unlock control for the front door, thermostat control, and front porch light control-all conveniently managed through a smartphone. The system also includes integrated smoke and CO2 detectors for added safety and peace of mind.
Outdoors, your private oasis awaits. Take a dip in the saltwater heated pool, cook up a feast in the outdoor kitchen, or simply unwind on the screened lanai, equipped with Kevlar hurricane shutters for added peace of mind. Don't miss your chance to live in paradise!
The community revolves around the magnificent 125-acre Eagle Lake, an oasis of tranquility that reflects the vibrant Florida sunsets and serves as the backdrop for countless memorable moments. The nearby protected state forests ensure that your surroundings are always teeming with lush, unspoiled landscapes. Naples Reserve also offers amenities that rival the finest resorts, including a 10,000 square foot Island Club, lagoon-style pool, Latitude's Cafe with food and beverage service, tiki bar, fitness center, tennis & pickleball courts, kayaking, fire pit, bocce ball, beach volleyball and more. You can even discover a secret treasure, KonTiki Island, a private community island where you can unwind, explore, and connect with your neighbors. It's your personal sanctuary in the heart of nature. This community offers one of the most flexible rental policies, allowing owners to rent their homes up to 12 times per year. It's a fantastic opportunity to offset ownership costs when you're not enjoying the home yourself.
This home is not just a residence; it's a lifestyle.
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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 |
|---|---|---|---|
| Jun 27, 2025 | Sold | ||
| Sold | |||
| May 25, 2025 | In contract | - | |
| In contract | |||
| May 19, 2025 | Relisted | $749,000 | |
| Relisted | |||
| May 10, 2025 | In contract | - | |
| In contract | |||
| Mar 7, 2025 | Price Decreased |
$749,000
↓ $51K
(6.3%) | |
| Price Decreased | |||
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About Royal Fakapalm
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017