Experience the best of Naples waterfront living in this exceptional
custom residence by Greenwald Builders, where superior
craftsmanship and thoughtfully curated amenities come together in a
timeless coastal-inspired design. Perfectly positioned along a
canal in prestigious Royal Harbor, this remarkable single-level
home embraces the effortless indoor-outdoor lifestyle Naples is
known for. Designed for both relaxed everyday living and
sophisticated entertaining, the residence features beautifully
appointed indoor spaces that transition seamlessly to expansive
outdoor living areas, complete with a sparkling pool and spa,
inviting lounge spaces, and the perfect setting for sunset
gatherings. With coveted western exposure, evenings are nothing
short of spectacular as the sky transforms over the water. For
boating enthusiasts, the property offers a direct, no-bridge access
to Naples Bay and the Gulf of Mexico-making spontaneous days on the
water effortless. Just minutes from downtown Naples, residents
enjoy unmatched proximity to the world-class dining, boutique
shopping, art galleries, and vibrant charm of Fifth Avenue South
and Third Street South, while still enjoying the privacy and
tranquility of one of Naples' most sought-after waterfront
neighborhoods. This is coastal luxury living at its finest.
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.
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