16095 ARALIA DRIVE
About This Property
The home offers a bright, open layout with high ceilings, elegant tile flooring throughout the main living areas, and abundant natural light. Spacious living and dining areas flow seamlessly into a functional kitchen, making it ideal for everyday living and entertaining. Step outside to a large covered and screened lanai, perfect for relaxing while overlooking the expansive grounds and tranquil pond views. Also, a separate block construction Storage/garage.
The property provides endless possibilities with AGRICULTURAL ZONING, mature trees, and wide-open space-ideal for farming, livestock, workshops, barns, RVs, boats, or future expansion. **No HOA** offers complete freedom and flexibility.
A rare opportunity to enjoy a peaceful rural lifestyle with modern comforts, all while remaining conveniently located near shopping, dining, and major roadways. Minutes from Cape Coral!
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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 Charlotte
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017