15586 Vallecas Lane
About This Property
The interior has been thoughtfully refreshed with a fully renovated first floor half bath, new paint throughout the entire inside and exterior, including the kitchen, where freshly painted cabinets complement the brand-new fridge/freezer. Charming wainscoting, updated lighting, and ceiling fans add to the home's stylish appeal. And the extra-large well thought out storage space under the stairs adds to the practicality and functionality of the home.
Outside, the private pool area is perfect for relaxation or entertaining. The privacy and lush green backdrop adds to the outdoor ambience as you relax by your sparkling salt-water pool. This home seamlessly combines luxury and practicality in one of Naples' most sought-after neighborhoods, Delasol, which is located within an A-rated school zone including Aubrey Rogers high school, the newest high school in North Naples. Home is in an X Flood Zone, which does NOT require flood insurance.
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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 |
|---|---|---|---|
| Dec 26, 2024 | Sold | ||
| Sold | |||
| Nov 23, 2024 | In contract | - | |
| In contract | |||
| Nov 14, 2024 | Price Decreased |
$875,000
↓ $24K
(2.7%) | |
| Price Decreased | |||
| Sep 21, 2024 | Price Decreased |
$899,000
↓ $51K
(5.4%) | |
| Price Decreased | |||
| Aug 8, 2024 | Listed by Keller Williams Realty Naples | $950,000 | |
| Listed by Keller Williams Realty Naples | |||
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About North Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017