Welcome to this cream stucco single story home that has been
recently renovated. The interior walls and trim have been freshly
painted white. Brand new 12x24 honed Carrera marble tile floors are
featured throughout the main living areas. The updated kitchen
boasts granite countertops, white cabinets, subway tile backsplash,
large center island with breakfast bar, and a pantry with recently
installed custom shelving. The primary bathroom has been updated
with Calacatta viola marble floors, while the secondary bathroom
features Empress green marble floors and a marble mosaic shower.
The primary suite is full of natural light and includes brand new
wool carpeting and dual custom walk-in closets with recently
installed custom cabinetry. The main living area has high ceilings
and seamlessly combines the family room, kitchen, and casual dining
space. This space flows out to the lanai covered pool patio with
sliding glass doors. The den has its own closet and is furnished
with a pull out sofa to host additional guests. The outdoor living
space is fully equipped with a heated pool, grill, dining table,
and fire table. All furnishings and accessories are also available
for purchase, offering the opportunity for a truly turnkey
purchase. Everything you could need for a lovely life in Naples. It
is perfectly situated in a corner bend of Secoya Reserve - a gated
community with only 57 homes. This neighborhood is located West of
Livingston Road in North Naples and just 5 minutes from the new
state of the art Aubrey Roger's High School. Secoya Reserve is
conveniently located minutes away from the Mercato, the Waterside
Shops, Venetian Village, Fifth Avenue and Third Street, in addition
to the famous Gulf of America beaches. It has quick and easy access
to I-75 and RSW Airport.
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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