Relaxed elegance of Southwest Florida living in this beautifully
positioned Oakmont residence in the sought-after gated community of
Island Walk. Situated on a desirable corner lot with no neighboring
home on one side, the property offers an exceptional sense of
privacy while overlooking a tranquil lake with peaceful northeast
exposure. Offering approximately 1,983 square feet of thoughtfully
designed living space, this three-bedroom-plus-den,
two-and-a-half-bath home combines indoor-outdoor living with a
private pool and expansive screened lanai. Inviting great room with
volume ceilings, crown molding, abundant natural light and a
versatile den with custom built-ins. The well-appointed kitchen
features granite countertops and stainless-steel appliances and
opens seamlessly to the main living area. The oven was replaced in
2023 and the microwave in 2026, water heater is 2018. The spacious
primary suite provides a private retreat with custom closets, lots
of storage plus an upgraded walk-in shower. Tile and engineered
hardwood flooring provide an easy-care lifestyle throughout, while
storm shutters offer added protection. Additional features new
washing machine and new gutters around the garage installed in
2025, and pool pump in 2025. The attached two-car garage features
built-in cabinetry and epoxy flooring, adding convenience and
functionality. Island Walk is renowned for its exceptional
lifestyle amenities and vibrant Town Center, offering residents
resort-style and lap pools, fitness center, tennis and pickleball
courts, bocce, putting green, clubhouse, restaurant, library,
walking and biking paths, social spaces and an array of community
activities. Additional conveniences include a salon, post office
and car wash. Ideally located in North Naples, Island Walk provides
easy access to premier shopping, dining, Gulf beaches, I-75 and all
that Naples has to offer. A wonderful opportunity to enjoy privacy,
resort-style amenities and the quintessential Southwest Florida
lifestyle in one of Naples' most desirable gated communities.
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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