16 Willoughby Drive
About This Property
Step into this immaculate 5-bedroom, 6-bathroom home, featuring an enclosed office that could easily serve as a 6th bedroom. Built in 2018 with impact windows and doors and a durable tile roof, this home offers luxury, space, and functionality all in one.
The main living areas are located downstairs, including a sprawling master suite with a luxurious en-suite bathroom. Upstairs, you'll find four generously sized bedrooms, each with its own private bathroom, offering ideal comfort and privacy for family or guests.
Highlights include:
Chef's gourmet kitchen with top-of-the-line appliances, granite countertops, a massive walk-in pantry, and ample storage
Open-concept floor plan with spacious living and dining areas
Oversized laundry room with plenty of room for organization
Expansive lanai with a built-in outdoor kitchen-perfect for entertaining
Very private pool and spa in a fully fenced backyard-great for pets and relaxing in peace
Loads of upgrades, including a new pool pump, water heater, custom built-ins, closet systems, and more
This home truly has it all-space, privacy, luxury finishes, and modern convenience. The photos simply don't do it justice-come see for yourself!
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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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About North Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017