2225 Kings Lake Boulevard
About This Property
As you enter this charming, light, bright, 3 bedroom/2 bath split-floor plan home, you experience a stunning view of the wonderful, beautiful, large splashy swimming pool with expansive pavered lanai and wet bar, all under a bronze, vaulted pool cage, surrounded by the lushly landscaped tropical rear yard where privacy abounds.
The open kitchen w/breakfast bar features cove lighting and stainless appliances (new refrigerator & range). Also, brand new 50 gallon water heater. Well-water landscape irrigation sprinkler system!
The home has been freshly painted throughout.
The spacious 2025 square feet of living area effectively provides good functionality and privacy. In other words, "comfortable living."
Kings Lake is a most desirable non-gated neighborhood offering a community swimming pool, tennis/pickleball courts, miles of walking and biking trails (and exceptionally low HOA fees)! Convenient shopping nearby!
Don't miss this lovely "move in ready" gem.
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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