309 Chancery Circle
About This Property
Listen to the quiet sounds of nature in this stunning estate home with sweeping sunset views over a protected preserve. The quality and details of this home begin at the pillared entrance. The classic design lives large and open, with French doors leading from the living room to the lanai offering spacious seating and a fully equipped outdoor kitchen. This four bedroom home with six bathrooms has upgrades and custom finishes throughout. Travertine floors, volume and cathedral ceilings with crown moldings. The open kitchen flows to the large family room with wet bar, wine cooler and custom cabinetry. • THREE EN SUITE GUEST BEDROOMS WITH WOOD FLOORS • MASTER BEDROOM HAS CHERRY WOOD FLOORS IN HERRINGBONE PATTERN • MASTER BATH HAS ISLAND WITH BUILT IN DRAWERS, TWO BATHROOMS AND TWO SPACIOUS CLOSETS • SMALL CABINET WITH REFRIGERATOR AND SINK IN MASTER • LARGE STUDY WITH CUSTOM SHELVING AND HALF BATH ACCESS • FORMAL DINING ROOM • LIVING ROOM WITH FIREPLACE • THREE CAR GARAGE • BUILT IN 2001
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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%.
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.
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