303 CUDDY Court
About This Property
Warm and inviting, the residence showcases gorgeous wood architectural accents, beautiful wood flooring and custom built-ins that add character and timeless appeal throughout. Expansive windows frame wide water views and draw the beauty of the bay into the living spaces, while the outdoor setting is equally impressive. A beautiful pool overlooks the waterfront and private dock with boat lift, creating an ideal backdrop for relaxing, entertaining and embracing the Naples boating lifestyle.
The expansive waterfront and premier orientation provide an exceptional canvas, with sweeping bay views and convenient access to the Gulf of Mexico. Whether appreciated as an existing residence or envisioned as the setting for a future waterfront estate that can encompass nearly 7,500 sq ft under air, properties offering this combination of frontage, exposure and location are increasingly difficult to find.
The Moorings is one of Naples' most established and desirable neighborhoods, prized for its beautiful tree-lined streets, exceptional waterfront properties and central location. Residents enjoy convenient access to the beach and private Moorings Beach Park while being just minutes from the world-class shopping, dining and entertainment of Fifth Avenue South and Third Street South. Venetian Village, Waterside Shops and Artis-Naples are also nearby.
A truly special offering in the heart of Naples, this first-time-to-market property combines 173 feet of direct waterfront, western exposure, wide water views, 11.7 elevation, option to add a 3rd car garage as well as a 5th en suite bedroom has been sketched by one of the most sought after architects adding flexibility, a private dock with lift and an outstanding Venetian Bay location-an increasingly rare opportunity to enjoy or create an exceptional Naples waterfront lifestyle.
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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 Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017