16725 Prato Way
About This Property
Step into an expansive floor plan where a light-filled multi-island kitchen flows effortlessly into the generous gathering and dining spaces, anchoring the heart of the home. The main level includes a sumptuous Master Retreat with private golf views, two ensuite guest bedrooms, a dedicated wine room, and a powder bath. Oversized 10' sliding glass doors disappear to reveal an extraordinary outdoor living experience with a gas fireplace, fully equipped outdoor kitchen, custom pool and spa, and cabana bath-creating an unmatched indoor-to-outdoor lifestyle.
Upstairs, an additional spacious Master Suite is accompanied by an expansive sitting room/bonus living area perfectly suited for relaxation, media, fitness, or office use. A covered balcony and generous sun deck overlook the lush fairway vistas of the newly updated golf course, creating yet another private retreat.
Quality finishes throughout include vaulted and barrel ceilings, extensive custom woodwork and trim, polished marble inlays paired with hand-scraped hardwood floors, Thermador appliances, and a Sonos sound system.
Located within the exclusive Prato enclave of Talis Park, residents enjoy access to premier membership amenities, including a championship Greg Norman and Pete Dye–designed golf course, world-class dining, tennis and pickleball courts, bocce, fitness and spa facilities, scenic paths, and concierge services-all just minutes from Naples' iconic beaches, upscale shopping, and fine dining.
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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.
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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 Urban Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017