One or more photo(s) has been virtually staged, AI generated or
rendered. Set on a private, oversized lot framed by tropical
landscaping, this bright and airy pool home offers the perfect
blend of comfort, privacy, outdoor living, and green space.
Designed with a desirable split-bedroom floor plan, the residence
features an open and inviting layout with seamless indoor-outdoor
flow, ideal for both relaxing and entertaining. The updated kitchen
is equipped with a gas stove, glass-fronted cabinets, and quartz
countertops, and overlooks the outdoor retreat beyond. Step outside
to the expansive covered lanai and stone-decked pool area complete
with a tranquil waterfall feature, all surrounded by lush
landscaping and a private backyard setting-perfect for bird
watching, relaxing, and entertaining. Additional highlights include
a new water heater, impact windows, electric hurricane screens on
the lanai, brick-paver driveway and perimeter walkways, and a
light-filled interior with an open feel throughout. Conveniently
located in North Naples, residents enjoy 2 entrances and low HOA
fees, all within close proximity to beaches, shopping, and
dining.
*Interior is currently empty. AI enhanced photos show interior with
furniture.
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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