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2027 Castle Garden Lane
About This Property
Your private outdoor oasis is perfect for entertaining, with a resurfaced pool, decorative water feature, a dedicated pool bath, and a generous covered lanai. Additional highlights include Storm Smart roll-down hurricane protection throughout, cloth lanai shutters and a durable metal roof. Nestled on a quiet cul-de-sac surrounded by lush landscaping, this home is perfectly located in North Naples-just minutes from pristine beaches, dining, and shopping, with optional golf memberships available at Imperial Golf Club.
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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