2143 Grove Drive
About This Property
The residence features high ceilings with crown molding, abundant natural light, plantation shutters, and luxury vinyl plank flooring throughout, creating a seamless and modern feel. The completely remodeled kitchen is a true showpiece, showcasing elegant finishes, updated cabinetry, and a functional layout ideal for both everyday living and entertaining.
With a split floor plan, the generous primary suite offers tranquility and privacy, while three additional bedrooms and a dedicated den provide flexibility for guests, a home office, or multi-generational living. Step outside to your private outdoor oasis, where a sparkling pool and spa overlook the serene lake-perfect for enjoying Florida living year-round.
Additional highlights include a 3-car garage, fresh paint inside and out, AC replaced in 2021 as well as hot water heater, updated finishes throughout, and pride of ownership evident at every turn. This exceptional home is a must see! Valencia Lakes residents enjoy low HOA fees along with a community pool and clubhouse, new pickleball courts, fitness center, recreation room, children's playground, basketball court, and tennis court-all in a convenient Naples location close to schools, shopping, dining, and just a short drive to the beaches.
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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 Rural Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017