221 Kings Way
About This Property
Inside, the home features an updated kitchen and flooring, along with plantation shutters throughout that add timeless style and privacy. An enclosed living space overlooking the lake expands the home's usable living area and creates the perfect setting to relax, entertain, or simply enjoy the tranquil waterfront scenery year-round.
At Foxfire, the lifestyle extends far beyond your front door. Ownership provides access to an impressive 27-hole Arthur Hills-designed golf course, along with tennis, bocce, fitness facilities, a community pool, clubhouse dining, and an active calendar of social events. Whether your perfect Florida day begins on the golf course, includes an afternoon by the pool, or ends with dinner and friends at the clubhouse, Foxfire makes it easy to embrace an active and connected lifestyle.
The location adds even more appeal. Foxfire is conveniently positioned near Downtown Naples, Fifth Avenue South, Gulf beaches, shopping, dining, entertainment, and I-75, placing many of Naples' most popular destinations within easy reach.
With lake views, additional enclosed living space, an updated kitchen and flooring, plantation shutters throughout, and an outstanding bundled-golf lifestyle, 221 Kings Way offers an exceptional opportunity to enjoy the best of Naples living.
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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 East Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017