1923 Blackstone Circle
About This Property
Step outside and picture slow mornings with coffee by the pool, afternoons spent enjoying the Florida sun, and evenings gathered with friends on the spacious screened lanai and expansive patio - an ideal backdrop for entertaining, grilling, or simply unwinding in the privacy of your own backyard retreat. The oversized yard isn't just generous by Naples standards; it's functional and charming, complete with mature Carrie mango and starfruit trees and an irrigation well that keeps the landscaping lush while helping keep utility costs in check. Set on an oversized .32-acre lot, the curb appeal is immediate, with plenty of green space, lush foliage, and a true sense of breathing room that's increasingly hard to find in this location.
The location places you right in the mix while still feeling tucked away: less than three miles to Mercato for dining and nightlife, a short bike ride to the weekend farmers market at Vanderbilt Galleries, just minutes to the Waterside Shops, and under five miles to the sugar-sand beaches of Vanderbilt Beach on the Gulf. Surrounded by top-rated public schools and multiple highly regarded private schools-all within easy biking distance - this home offers an exceptional blend of lifestyle, space, and convenience, along with low HOA fees and a neighborhood known for its architectural variety and strong sense of community.
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What does this mean?
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
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About North Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017