2140 Kingfish Road
About This Property
waterfront estate penned by Jon Kukk and built by Seaside Custom Builders in 2023. A cover feature of
Luxe Interiors + Design Magazine in 2024, this furnished 5-bedroom plus den, 5.5-bathroom home offers
over 6,000 square feet of air conditioned living space, exquisitely decorated by Renee Gaddis. Enjoy
water views from every room, with unobstructed, unmatched sunsets over Naples Bay. The gourmet
kitchen is equipped with top-of-the-line Sub-Zero, Wolf, La Cornue, and Miele appliances. Additional
features include a gas-heated pool with a swim machine, a spa, a private boat dock with two lifts (a
30,000 lb. four-motor beamless high-speed lift and a 10,000 lb. four-motor beamless lift), and seamless
smart home integration. The home is fully zoned for sound with Sonos and prewired for Control4 and
Josh.ai. It also includes whole-house reverse osmosis, a central vacuum system, and Lutron shades for
added convenience. This exceptional residence offers an unparalleled waterfront lifestyle just minutes
from downtown Naples' world-class shopping, dining, and white sandy beaches.
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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