This 2-bedroom + den, 2-bath residence sits in the quiet,
guard-gated enclave of Sonoma Lake-just 33 homes inside The
Vineyards. The setting is low-density and established, with mature
landscaping, underground utilities, and easy access to neighborhood
and community amenities. Inside, the home has been thoughtfully
refreshed. Wood-vinyl flooring runs throughout the main living
areas. The kitchen features freshly painted cabinets with updated
handles and a new faucet. Both bathrooms have new light fixtures,
faucets, handles, and showerheads. A custom built-in accent wall
with cabinet storage anchors the living space and frames the
television, while the dining room is finished with an updated light
fixture. The floor plan supports comfortable everyday living and
easy entertaining, with the updates already in place so a buyer can
move in and enjoy the Vineyards lifestyle. Residents of Sonoma Lake
have use of the neighborhood pool and clubhouse, plus optional
membership at Vineyards Country Club for golf, tennis, pickleball,
fitness, and social events. Typical HOA coverage includes
landscaping, irrigation, cable/internet, and common areas. The
community is in a preferred X flood zone and sits convenient to
Vineyards Elementary, Crossroads Market, Physicians Regional, I-75,
and the beaches. A well-kept 2+den/2 in a small gated pocket of
North Naples-updated where it counts and ready for its next owner.
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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