1795 Hurricane Harbor Lane
About This Property
Thoughtfully oriented to embrace its remarkable setting, the home features a light, bright interior where the main living spaces flow effortlessly toward the water, creating a seamless indoor-outdoor lifestyle. Expansive windows invite natural light throughout, while tranquil water views remain the focal point from many vantage points within the home. Outdoors, a spacious pool and lounging area provides the perfect setting for both relaxed afternoons and elegant entertaining. A newly constructed seawall and private dock, completed in 2020, are complemented by a boat lift with an impressive 25,000-pound capacity-ideal for accommodating a sizable vessel and providing effortless access to the surrounding waterways for boating and paddleboarding adventures. Additional highlights include a durable metal roof, a freshly refreshed interior, and a highly desirable lot shape and size that presents exceptional future redevelopment potential. Ideally located just moments from the sugar-sand beaches of the Gulf and the renowned dining, shopping, and cultural offerings of downtown Naples, this property represents a rare opportunity to enjoy peaceful waterfront living in one of Naples' most coveted coastal neighborhoods.
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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 Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017