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3577 Corinthian Way
About This Property
The main home offers a spacious primary suite and a private guest suite with full bath. A separate poolside cabana with its own bath provides ideal flexibility for a home office, guest quarters, or in-law suite. Multiple rooms open to the screened, heated courtyard pool featuring a waterfall and newer pool heater (2021)-perfect for indoor-outdoor living. An additional oversized screened lanai spans the rear of the home, offering ample space for relaxing or entertaining.
Additional highlights include a large 2-car garage, brick paver driveway, pool deck, and lanai. Located in the gated World Tennis Center, residents enjoy an exceptional lifestyle with 14 tennis courts (Har-Tru and hardcourt), 4 pickleball courts, a full-service tennis program, 2 pools, poolside cafe/bar, bocce, outdoor whirlpool, and fitness facilities. Ideally situated in the heart of Naples, just minutes to beaches, downtown, and Mercato, with affordable HOA fees. A rare opportunity to own a truly special home-schedule your private showing today.
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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%.
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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