2822 Capistrano Way
About This Property
Thoughtfully designed with 3 bedrooms plus a private den, 3 full baths, and a powder bath, the home draws you in with striking ceiling detail, European White Oak wood floors and sophisticated finishes throughout the main living areas. The modern gourmet kitchen is a true centerpiece, showcasing premium Wolf, Bosch, and Sub-Zero appliances, leathered Taj Mahal quartzite countertops, dual refrigerator drawers, and an adjacent butler's pantry with bar - perfect for seamless entertaining. The open floor plan showcases a stunning floor-to-ceiling limestone-tiled gas fireplace and tv wall with art niche which creates a cozy, yet stylish living room. A dramatic cocktail room crowned by a statement chandelier creates an unforgettable first impression and sets the tone for intimate gatherings and elegant evenings at home.
Disappearing doors open to a beautifully screened lanai, where indoor and outdoor living blend effortlessly. The heated pool and spa are framed by lush landscaping and tranquil waterfalls cascading into a private pond, creating a setting reminiscent of a secluded Hawaiian retreat. A dedicated outdoor dining area completes the experience - ideal for relaxed entertaining year-round. For peace of mind, the roof was replaced in 2020 and the home is fully equipped with AstroGuard hurricane protection for all openings. Living in Grey Oaks means more than owning a home - it means stepping into one of Naples' most coveted country club lifestyles, with world-class golf at 3 championship golf courses, tennis, pickleball, fitness, fine dining, casual dining, two clubhouses, resort-style pool and a 30,000 square foot Wellness Center plus an active social calendar just moments from your door.
This is luxury living, elevated.
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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