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161 Bald Eagle Drive
About This Property
Enjoy the Florida lifestyle in this inviting Marco Island home, featuring 4 bedrooms, 2 bathrooms, a private screened-in pool, and a freestanding hot tub. The spacious, covered lanai is perfect for relaxing or entertaining. The outdoor living area offers a saltwater swimming pool, sun loungers, and a peaceful setting surrounded by lush greenery, creating your own private retreat.
Inside, the home showcases a bright, open living area with distinctive arched architectural details and a combination of tile, carpet, and bamboo flooring. The tropical-inspired interior features warm colors, 12-foot tray ceilings, and an easy flow between the living room, kitchen, and outdoor spaces. The comfortable bedrooms feature plantation shutters, natural wood accents, and island-inspired decor.
Custom-built by the current owner, the home features R-19 insulation in all interior walls and R-41 insulation in the attic. The property conveys partially furnished.
Whether enjoying a refreshing swim, relaxing poolside, or entertaining family and friends, this home offers a wonderful opportunity to embrace the laid-back island lifestyle. Conveniently located in the heart of beautiful Marco Island, you'll enjoy easy access to the area's renowned beaches, boating, fishing, dining, and shopping.
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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%.
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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.
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 Marco Island
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017