3181 Olympia Lane
About This Property
From the moment you step inside, you are greeted by STUNNING PANORAMIC LAKE VIEWS that immediately set a tone of tranquility and sophistication. The home's WEST-FACING EXPOSURE fills the open concept living spaces with natural light throughout the day, creating a warm and inviting atmosphere.
The heart of the home unfolds into an expansive living area designed for both everyday comfort and memorable gatherings. Large sliding doors open to the EXTENDED LANAI, where indoor and outdoor living blend seamlessly. Here, you'll find a GOURMET OUTDOOR KITCHEN AND A COZY OUTDOOR FIREPLACE, the perfect setting for sunset dinners, entertaining guests, or simply unwinding while overlooking the serene lake.
Inside, a SECOND FIREPLACE anchors the living room, thoughtfully positioned adjacent to the kitchen, adding warmth and ambiance to the main living space and creating an inviting focal point for gatherings year-round.
The kitchen is both BEAUTIFUL AND HIGHLY FUNCTIONAL. A spacious island with ELEGANT CHINA CABINETRY BELOW offers generous workspace and seating, while the WALK-IN PANTRY provides exceptional storage, including a DEDICATED AREA TO DISCREETLY HIDE SMALL APPLIANCES, keeping the space clean and refined. This kitchen is truly the heart of the home, welcoming, practical, and timeless.
This residence is enriched with SIGNIFICANT UPGRADES, including a NEW ROOF (2022), STORM SMART SHUTTERS, and a GENERATOR, offering peace of mind and added value. The home has been FRESHLY PAINTED INSIDE AND OUT, enhancing its light, neutral palette and move-in-ready appeal.
The PRIMARY SUITE is a private retreat, perfectly positioned to capture TRANQUIL LAKE VIEWS and featuring a luxurious en-suite bath with a SOAKING TUB AND SPACIOUS WALK-IN SHOWER. Additional bedrooms are thoughtfully designed, offering comfort, privacy, and versatility for guests or family members. CUSTOM BUILT-IN CLOSETS throughout the home provide both elegance and exceptional storage.
Step outside to your private oasis, where a CHLORINE POOL invites relaxation and enjoyment year-round. An UPGRADED GUTTER SYSTEM and TANKLESS WATER HEATER further enhance the home's efficiency and sustainability.
This exceptional Mercedes model combines RARE AVAILABILITY, THOUGHTFUL DESIGN, and ELEVATED INDOOR-OUTDOOR LIVING all set within one of Fiddler's Creek's most desirable neighborhoods in Oyster Harbor.
Ownership includes access to the award-winning Fiddler's Creek resort-style pools, clubhouse dining, spa, fitness center, tennis, pickleball, and optional golf membership just minutes from Marco Island beaches and downtown Naples. CDD IS FULLY PAID!
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017