Beautifully maintained Stock Development home located in the gated
community of Secoya Reserve. Low HOA fees! This residence offers 3
bedrooms, and 1,812 sq. ft. of living space on a private homesite.
The open floor plan features a spacious great room, separate dining
area, and a versatile bedroom/den/office. The kitchen is appointed
with granite countertops, stainless steel appliances, and wood
cabinetry.
The primary suite includes 2 walk-in closets and en-suite bath with
dual sinks and a walk-in shower. Additional highlights include tile
flooring throughout (no carpet), a screened lanai with heated pool,
and a 2-car garage.
Secoya Reserve is a low-density neighborhood in North Naples
located west of I-75, convenient to beaches, shopping, dining, and
top-rated schools.
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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