One or more photo(s) has been virtually staged, AI generated or
rendered. Golf course views, west-facing sunsets, and HOA
dues of just $100 annually set the stage for this Lely Golf Estates
pool home overlooking Hibiscus Golf Club. Bring your vision to this
two-bedroom-plus-den, two-bath home and create a Naples retreat
that reflects your style. The heated pool, recently resurfaced with
a Pebble Tec finish and equipped with a newer heater, anchors an
inviting outdoor space with an extended covered lanai, open patio
areas, and mature tropical landscaping. Enjoy afternoons by the
pool, outdoor dining, and colorful sunsets over the golf
course.
The single-story floor plan features an attached two-car garage
with epoxy flooring and a generous living area that opens directly
to the covered lanai. A kitchen with an adjacent dining area,
versatile den, ample storage, and an oversized laundry room with a
sink and cabinetry add everyday functionality. Fresh interior
paint, hardwood floors, crown molding, and plantation shutters
bring character to a home ready for your personal updates.
Additional highlights include a circular paver driveway, a roof
replaced in 2016, select impact windows installed in 2018,
roll-down storm shutters, and a newer microwave, washer, and dryer.
Located approximately 15 minutes from Fifth Avenue South's shopping
and dining, with Gulf beaches nearby, this property pairs an
appealing setting with the opportunity to reimagine the interior
and make it your own.
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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