2722 Olde Cypress Drive
About This Property
Beyond your doorstep, enjoy all the perks of this amenity-rich community. The Club at Olde Cypress is currently undergoing an exciting $15 million expansion-without assessments to homeowners or golf members. A mandatory social membership (with no initiation fee) grants access to tennis, pickleball, bocce, and a full calendar of vibrant social events. For golf enthusiasts, two levels of membership are currently available at time of listing with NO WAITLIST! Discover what makes this one of Naples' most social and welcoming clubs. With a prime North Naples location, residents enjoy quick access to both Logan Boulevard and I-75, making it a breeze to reach Logan's Landing shops and restaurants just outside the gates, and convenience to all Naples has to offer, including a short drive to world class white sand beaches. RSW Airport is a quick 20 minute drive. Your dream Florida lifestyle awaits-refined, relaxed, and rich in amenities.
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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%.
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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.
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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017