240 Silverado Drive
About This Property
The heart of the home is a spectacular chef's kitchen designed for both serious cooking and entertaining, featuring premium Wolf, Sub-Zero, Miele and Kohler appointments rarely found at this price point. Highlights include a Wolf induction range with convection oven and steam oven, Sub-Zero integrated refrigerator and freezer, a 100-bottle wine column, beverage refrigerator, stand-alone clear ice maker, Miele integrated dishwasher, microwave drawer, Insta Hot filtered water system, and an impressive Kohler Stages chef sink with integrated prep accessories. Thoughtful customizations continue throughout the home with custom closet systems, integrated laundry hampers and ironing station, designer LeGrand switches and dimmers, Toto toilets, and beautifully finished wood-framed windows with detailed sills and jambs.
Outdoor living is equally exceptional, showcasing a completely remodeled saltwater pool and spa surrounded by elegant silver travertine decking, cypress wood ceilings, solid brass landscape lighting, and sweeping golf course views with outstanding privacy. The expansive lanai features a full outdoor kitchen with sink and beverage refrigerator, along with a convenient pool bath and outdoor shower, creating the ultimate Naples lifestyle experience. Additional features include epoxy garage flooring, custom storage cabinetry, and an exceptionally convenient North Naples location just minutes from shopping, dining, fitness, medical facilities, and top-rated schools including newly zoned Barron Collier High School. Residents of Vineyards enjoy the option of private 36 holes of championship golf or social membership with access to 12 Har-Tru tennis courts, 8 pickleball courts, bocce, world class Wellness Center and Spa, resort style pool with food and beverage service, multiple dining venues and more at the renowned Vineyards Country Club, though membership is not mandatory.
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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