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193 Heather Grove Lane
About This Property
Inside, natural wood flooring and new baseboards create a warm, cohesive feel, complemented by solid-core interior doors and plantation shutters throughout. The updated kitchen is the heart of the home, featuring new cabinetry, quartz countertops, a large island with abundant additional storage, new sink and backsplash, upgraded lighting, and an LG ThinQ appliance package with a desirable induction cooktop. The custom-built entertainment area, complete with a beverage refrigerator, is ideal for both everyday living and entertaining.
The spacious primary suite features a beautifully updated bathroom with quartz counters, a frameless shower door, and newly retiled shower and flooring. Custom closet build-outs provide exceptional organization, while the updated guest bedrooms offer comfortable accommodations for family and visitors.
Major system and structural improvements include a newer electrical panel, whole-house PEX re-plumbing, full impact glass windows and doors, new gutters, and a replaced exterior AC compressor motor. The 2023 washer and dryer and epoxy-coated garage floor add even more convenience and functionality.
Step outside to your private backyard retreat, where the pool area has been refreshed with all-new pavers, new sod, automatic screens, and a four-zone sprinkler system. With an oversized pie-shaped lot at the end of a cul-de-sac backing up to a golf course, there is plenty of room to enjoy the outdoor space and the privacy this exceptional homesite provides.
With extensive 2023 renovations, impact protection, a beautifully updated interior, and a generous cul-de-sac lot, 193 Heather Grove Ln offers the ideal combination of style, comfort, and peace of mind in Naples.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017