225 Belle Isle Circle
About This Property
home in Riviera Golf Estates. A very desirable over 55
community. A great eat in kitchen with stainless steel
appliances and breakfast nook. A separate dining
area with built in china cabinets. Spacious master suite
with lots of natural light,french doors,soaking tub and
separate shower.Plus a full walk in closet. Spacious
living room with vaulted ceilings. Enjoy mornings
on the 24x10 ft lanai with vaulted ceilings. Plenty
of room to relax and dine! Good size indoor laundry
room with plenty of cabinets. Plus a 200 sq ft utility
shed, great for storage or workshop. New double
pane windows in 2020 and 2022,all but the lanai.
All this on a great low traffic circle. Enjoy the saltwater
pool with lap lanes and spacious clubhouse for many
social activities. Enjoy shuffleboard,pickleball, tennis,
Bocce and our own fitness room,library and billiard
room. Effective Feb.1st the HOA fee is $431 per
quarter and YES you own the land! All this just 15 minutes
from 5Th Ave. and beautiful beaches. This well cared for
home is being sold turnkey. Just move right in.
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Cap Rate Calculator
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 South Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017