2065 Painted Palm Drive
About This Property
Inside, the home is move-in ready and features a versatile den that can easily be converted into a third bedroom, home office, or additional guest space to suit your needs. Improvements- New Vinyl flooring in both bedrooms installed 2022, washer & dryer replaced in 2023 and brand new No-see-um Lanai screen installed in 2026, Water heater replaced in 2022.
This home offers the opportunity to enjoy the best of Naples living-whether you're searching for a full-time residence, seasonal retreat, or Florida getaway.
Residents enjoy an impressive collection of community amenities, including a beautifully renovated clubhouse that serves as a welcoming gathering place for neighbors and friends. Spend sunny Florida afternoons at the resort-style pool, complete with a dedicated wading pool, or recharge in the sauna after a workout at the fitness center. The community sports park provides even more opportunities for recreation and an active lifestyle.
Beyond the gates, you'll appreciate convenient access to popular shopping, dining, and entertainment destinations, including Founders Square. With I-75 nearby, exploring Naples, Southwest Florida, and everything the area has to offer is easy and convenient. HOA has approved Pickleball and Bocce ball Courts.One or more photo(s) has been virtually staged, AI generated or rendered.
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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.
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About Urban Estates
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$8,500 /mo
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$6,900 /mo
- 4 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017