29150 Positano Lane
About This Property
The expansive great room design opens seamlessly to an outdoor living area featuring a sparkling pool, spa, detached outdoor kitchen, and covered lanai, creating the perfect setting for entertaining or quiet relaxation. The updated gourmet kitchen is appointed with Sub-Zero and Wolf appliances, custom cabinetry, walk in pantry, and generous workspace for the home chef.
Meticulously cared for and enhanced over the years, notable upgrades include a new roof (2021), impact-rated windows and doors, and a whole-house generator, ensuring comfort and peace of mind year-round.
This exceptional home offers the ultimate Mediterra lifestyle-combining elegant architecture, serene lake views, and access to world-class amenities including two championship Tom Fazio golf courses, private beach club, tennis, pickleball, fitness center, and fine dining.
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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 Bonita Springs
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017