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3837 Helmsman Drive
About This Property
island ideal for gatherings. In the living room, a custom built-in feature wall showcases LED accent lighting and a wine cooler-both functional and visually stunning. A formal dining room sits just off the kitchen, perfectly positioned for hosting dinners or celebrations. Down the hall are two additional guest rooms and a beautifully appointed full bath. The primary suite offers a peaceful retreat with a spacious garden tub, tiled
shower, and custom-designed closet. Pocket sliding doors lead you out to the screened lanai, where a serene preserve view and expansive backyard set the stage for outdoor living. Enjoy evenings beneath the soft glow of LED string lights, cooking in the 2021 gourmet outdoor kitchen complete with gas grill and pizza oven. This home also includes a full reverse-osmosis water filtration system, motorized and accordion storm shutter system, security cameras for peace of mind, a 3-car tandem garage for extra vehicles, storage, toys, or your golf cart, and is offered with interior design services to make furnishing the home effortless. Located in the highly desirable gated community of Compass Landing, residents enjoy a resort-style clubhouse with pool, spa, fitness center, park, event space, and year-round social activities. Just a short walk, bike ride, or golf cart trip away is Founders Square-home to 10+ restaurants, spa and wellness services, Ace Hardware, coffee shops, Spenga, medical offices, and more. Zoned for top-rated "A" schools, this premier North Naples location offers convenience, community, and an enviable lifestyle. Some photos include reality renovation/reality staging. This property includes interior design services, making furnishing this property easy for your buyer.
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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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About Rural Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017