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15850 Secoya Reserve Circle
About This Property
The open great room and split-bedroom floor plan is enhanced by volume and tray ceilings, abundant natural light and multiple dining areas. At the heart of the home, the kitchen flows seamlessly into the main living and casual dining spaces, with views extending toward the screened lanai and pool. The private primary suite features a spacious bath with dual vanities, soaking tub and separate shower, while the den offers flexibility as a home office, study, media room or additional living space.
Sliding doors extend the living space outdoors to a screened lanai and private pool surrounded by lush tropical landscaping. Eastern rear exposure provides a beautiful setting for morning light, while the secluded outdoor environment creates an inviting backdrop for coffee by the pool, afternoon swims and relaxed evenings outdoors. Set on approximately .23 acres, the property offers a desirable balance of privacy, outdoor living and low-maintenance convenience.
Secoya Reserve is an intimate gated community of just 57 residences, offering a peaceful residential setting with sidewalks, streetlights and beautifully maintained surroundings. Association services include lawn and landscape maintenance, irrigation water, security and streetlights, allowing for a convenient, low-maintenance lifestyle. Ideally located in North Naples, this residence combines the privacy of a boutique community with convenient access to the shopping, dining, beaches and everyday amenities that make the area so desirable.
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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%.
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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.
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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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About North Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017