**STUNNING LAKE VIEW POOL HOME IN VALENCIA LAKES! ** Situated on a
premium lot with a spectacular panoramic lake view, this home
offers an exceptional outdoor living space with a spacious screened
lanai, pool and spa. Beautifully appointed throughout with
plantation shutters, newer A/C, granite kitchen countertops, desk
area and stainless-steel appliances. The home has been
professionally cleaned and shows well. Flooring could use updating
in the living room, dining room and hallway, providing an
opportunity to add your personal touch and value. The pool area
would need some attention, including professional pool cleaning,
paver cleaning and a new pool pump. A professional pool company
estimate of approximately **$4,800, including water**, is available
in the supplements. **Priced below market value and offered as an
estate sale. ** Previous photos have been included to illustrate
the pool area's potential once cleaned and maintained.
Valencia Lakes is one of North Naples' desirable communities,
featuring a clubhouse with billiards, library, fitness center,
resort-style pool and spa, playground and tennis courts.
Conveniently located near shopping, I-75 and approximately 10 miles
to the beach. **An excellent opportunity to bring your vision and
enjoy the Florida lifestyle!**
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%.
How much can I actually make?
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.
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