2375 Lantern Lane
About This Property
The home was renovated with a complete interior and exterior transformation, expertly executed by Lisa Kahn Designs in collaboration with Monarch Builders. Highlights include beautiful hardwood flooring throughout, custom Ruffino cabinetry, a striking crystal-cut custom chandelier anchoring the great room, and a thoughtfully designed layout ideal for both everyday living and entertaining.
The chef's kitchen is outfitted with top-tier appliances, including Sub-Zero and WOLF, while modern upgrades such as a new HVAC system, screens and shutters on the newly redesigned lanai, and a brand-new whole-house generator provide comfort and peace of mind. The outdoor living areas are complemented by all-new landscaping, completely reimagined by Scott Wyndham's Landscape Architecture, creating a private, resort-style setting. Some furnishings may have changed.
This property includes immediate Port Royal Club eligibility, offering access to the highly anticipated new $100M clubhouse, scheduled for completion in summer 2026. Planned amenities include beachfront dining, a poolside restaurant, multiple indoor and outdoor bar areas, private cabanas, and breathtaking Gulf views from the main-level dining venues.
Conveniently located just minutes from 3rd Street South and 5th Avenue South, residents enjoy easy access to fine dining, world-class shopping, entertainment, and Naples' renowned white sand 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.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017