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1955 Tripletail Lane
About This Property
Impact windows and doors, together with a generator that powers the residence, lend a sense of composure through the season. The upgraded private pool turns the backyard into a secluded retreat, while the climate-controlled garage extends the living with unexpected polish-workshop, studio, or a refined extra room that remains comfortable year-round.
Manatee Cove is a gated, natural-gas community with no CDD. Residents gather at the resort-style pool, cabana, picnic area, and fire pit-amenities that feel private and well-kept. The neighborhood sits a short walk from Manatee Elementary and Middle Schools and an easy drive to US-41 conveniences, Marco Island, and Fifth Avenue South.
A setting that feels distinguished without being fussy-close to everything that matters, and simple to enjoy.
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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%.
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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.
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 1, 2026 | Listed by Waterfront Realty Group Inc | $829,000 | |
| Listed by Waterfront Realty Group Inc | |||
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About South Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017