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157 Venus Cay
About This Property
Build your dream home and enjoy the Southwest Florida boating lifestyle right from your backyard. The property is just a short distance from the Port of the Islands Marina, offering a ship store and fuel for added convenience.
Ideally located between Naples and Everglades City, Port of the Islands offers a peaceful waterfront setting while still providing convenient access to shopping, dining, fishing, boating, and the beautiful Ten Thousand Islands. The new Publix shopping center is also just a short drive away.
Large lot, exceptional water frontage, deep-water access, and direct access to the Gulf-an increasingly rare opportunity in Port of the Islands!
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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