313 Neapolitan Way
About This Property
The open-concept living spaces flow seamlessly to the outdoor living area, creating the perfect setting for both everyday living and entertaining. A resort-style pool and spa overlook the bay, surrounded by generous terraces designed for relaxed coastal living. Three retractable remote-controlled awnings provide shade and comfort over the poolside seating areas, allowing you to enjoy the waterfront setting throughout the day.
Boating enthusiasts will appreciate the private dock with direct Gulf access, offering effortless days on the water. Positioned at a high elevation with no history of flooding, the property offers both beauty and peace of mind. Additional features include a 120-gallon propane tank, a whole-home Savant sound system, and thoughtfully designed outdoor spaces that embrace the natural surroundings.
Residents of Park Shore are eligible for membership to the private Park Shore Beach Park, which offers beach access, parking, restrooms, and a beautiful stretch of white-sand Gulf beach exclusively for members.
Ideally located just minutes from Naples' world-class beaches, fine dining, and shopping, this exceptional bayfront home presents a rare opportunity to experience the best of luxury waterfront living in Naples.
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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 Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017