Set on a sprawling .27 acre Southern exposure lot within the
prestigious boutique gated community of Mockingbird Crossing
consisting of only 110 homes this masterfully updated residence
offers a rare combination of immense scale, modern infrastructure
and total privacy. The home's unique positioning offers privacy and
tranquility. The interior living spaces are designed with an open,
flowing layout that maximizes natural light and connection. The
primary suite is a true resort-style retreat with oversized shower,
soaking tub, dual vanities, his and hers walk-in closets completed
with California Closet Systems. The centerpiece of this sanctuary
is the dramatically sized, living areas which offers a level of
scale and luxury. This massive space functions as a private
wellness center, complete with premium finishes and a layout that
emphasizes air, light, and relaxation. The guest wing is
thoughtfully separated from the master suite, ensuring total
privacy. Every room in the home reflects meticulous attention to
detail, benefiting from a series of high-end updates. Engineering
is paramount in this estate home, highlighted by a buried propane
tank that serves the professional-grade kitchen range, tankless hot
water heater, salt water pool/spa heater and the outdoor summer
kitchen. Car enthusiasts and hobbyists will appreciate the
three-car garage, which offers a pristine environment for vehicles
and storage. Located in the heart of the North Naples, Mockingbird
Crossing is only minutes from top-rated schools, dining & shopping
venues. This property represents the pinnacle of the Naples
lifestyle, offering unmatched privacy and the peace of mind that
comes with a fully modernized estate.
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.
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