2249 River Reach Drive
About This Property
The home's rejuvenated aesthetic is immediately apparent, with a vibrant, fresh palette and pristine interiors that have been exquisitely updated to meet the highest standards of modern living. Vaulted ceilings grace the expansive great room, while the entire home boasts new, elegant tile flooring with designer inlay touches, upgraded recessed lighting, and luxurious plantation shutters on every window.
The heart of the home, the kitchen, has been transformed into a culinary paradise with new granite countertops, bespoke cabinetry, and the latest top-of-the-line stainless steel appliances, including an advanced induction cooktop. A newly redesigned laundry room features state-of-the-art washer and dryer.
Entertainment and relaxation reach new heights in the freshly added custom pool, designed to perfectly complement the home's tranquil, spacious backyard. This outdoor sanctuary also features a screened lanai with brand new ceiling fans, and is lush with fruit trees-Mango, Banana, and Coconut-creating a true Floridian paradise.
Additional updates include a new tile roof installed in 2018 and an enhanced remote security system complete with a Ring Door Monitor, ensuring peace of mind in a luxurious setting. The partially fenced backyard and proximity to the community pool across the street add layers of convenience and enjoyment.
Set on a serene dead-end road, this home provides quick access to downtown Naples, exquisite beaches, upscale shopping at the Mall and Mercado, and gourmet dining options. With its proximity to excellent schools and a vibrant neighborhood, this property represents the pinnacle of modern luxury living. Discover a home not just remodeled, but reimagined for an exclusive lifestyle-come see the future of your dreams!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 14, 2024 | Sold | ||
| Sold | |||
| Sep 9, 2024 | In contract | - | |
| In contract | |||
| Jul 28, 2024 | Price Decreased |
$929,000
↓ $20K
(2.1%) | |
| Price Decreased | |||
| May 1, 2024 | Listed by William Raveis Real Estate | $949,000 | |
| Listed by William Raveis Real Estate | |||
| May 17, 2019 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017