3553 Thomasson Drive
About This Property
Amazing location with the HOME OF THE US OPEN PICKLEBALL CHAMPIONSHIP CENTER directly across the street. Within a few blocks is a back entrance to Lake Avalon and beautiful Sugden Park. It is just .8 miles to Naples Botanical Gardens and 1.5 miles to Bayview Park which has a public boat launch accessing the Gulf and Naples Bay. It offers a fantastic place to watch boats and see gorgeous sunsets. The home is on the edge of the Bayshore Arts District, a relaxed, vibrant, family neighborhood where visual, cultural, culinary and performing arts are a way of life. The home is just 3 miles from the sugar white sands of Naples beaches, shops and restaurants.
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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 East Naples
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$4,500 /mo
- 2 Beds
- 2 Baths
- 1,270 ft²
$5,000 /mo
- 3 Beds
- 2 Baths
- 1,500 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017