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3200 Orange Grove Trail
About This Property
Built in 1990, the home offers soaring ceilings, a spacious layout, and a long driveway with extra room on the side of the home for kayaks, paddle boats and more. Inside, you'll find all brand new flooring, fresh paint, and a freshly pressure-washed exterior, making this home truly move-in ready. The large screened lanai and newly fenced yard is perfect for relaxing or entertaining, and there's also a generous storage area for bikes and all your outdoor toys.
Located within walking distance to 3 of Collier County's A+ schools, this growing area also offers easy access to a new grocery plaza, restaurants, hiking trails, and community parks.
Residents enjoy fantastic community amenities including a pool, clubhouse, fishing pier, and more.
This vacant home is ready for a quick closing - a great opportunity to enjoy Florida living with space, convenience, and room to grow.
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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 Rural Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017