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2741 Medallist Lane
About This Property
The interiors were thoughtfully curated by renowned designer Roz Travis Interiors, complementing the home's striking architectural details, including coffered ceilings, a dramatic 20-foot vaulted gathering room with decorative wood beams, 10-foot sliding glass doors, and soaring 14-foot ceilings throughout. Generous accommodations include a second-story VIP guest suite featuring a private gathering room and ensuite bedroom with walk-in closet. The first level offers an additional ensuite guest room, along with a private exterior cabana across a spacious courtyard, complete with a morning kitchen-ideal for hosting guests in comfort and style.
The chef's kitchen is designed for both form and function, featuring a five-burner Thermador gas range, paneled Sub-Zero refrigerator, newer Monogram appliances, and a signature butcher-block island with an additional prep sink. Recent upgrades include two tankless water heaters, newer air-conditioning system, making this home move-in ready.
Residents of Norman Estates at Tiburon are steps away from The Ritz Carlton Golf Resort and enjoy the opportunity to access the Ritz's amenities with a Signature Membership for fitness, spa, report pool, multiple dining options, private beach shuttle service to Vanderbilt Beach just three miles away and convenient access to upscale shopping and fine dining at the Galleria and Mercato. This home delivers a refined luxury lifestyle in one of Naples' most sought-after golf communities.
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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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About North Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017