One or more photo(s) has been virtually staged, AI generated or
rendered. A rare opportunity to experience the extraordinary
beauty of Moorings Bay from one of the most coveted waterfront
settings along Crayton Road. This exceptional estate commands
breathtaking, expansive views across the shimmering bay, where
dolphins play, boats glide past, and the ever-changing waterscape
creates a captivating backdrop to everyday life. Encompassing over
5,200 square feet of air-conditioned living space, the residence
was thoughtfully designed to celebrate its magnificent waterfront
setting, with sweeping bay views unfolding from nearly every room.
Walls of pocketing glass seamlessly unite elegant interiors with
spectacular outdoor living areas, while expansive covered lanais on
both levels provide front-row seats to the beauty of Moorings Bay.
A dramatic disappearing-edge pool and spa appear to merge with the
waterfront beyond, creating a private resort atmosphere. Inside,
refined architectural details, distinctive ceiling treatments,
wrought-iron staircase railings, and a fireplace complement
gracious living and entertaining spaces. The impressive kitchen
features high-end appliances, double ovens, generous preparation
areas, and an inviting dining space, while a dedicated wine room
adds another layer of sophistication. Four generously proportioned
bedrooms include a luxurious first-floor primary suite, while an
expansive upstairs office captures inspiring panoramic bay views.
An elevator provides convenient access between levels. Boating
enthusiasts will appreciate the private boat lift and direct access
to the surrounding waterways. Newer impact windows as of May 2024
complete the home. Meticulously maintained and beautifully
positioned to embrace the very best of Naples waterfront living,
this remarkable estate offers an increasingly rare combination of
substantial living space, exceptional water frontage, and
unforgettable views in the heart of The Moorings.
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.
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