39 Mentor Drive
About This Property
Step through the double door entry into a bright, open living area with 20-inch tile flooring, vaulted ceilings, and abundant natural light. The kitchen includes upgraded wood cabinetry, granite countertops, stainless steel appliances, and a custom tumbled marble backsplash, ideal for cooking and entertaining.
The spacious owner's suite offers dual walk-in closets and a beautifully remodeled bathroom featuring dual sinks and custom tiled shower. Each guest bedroom includes a walk-in closet, and the oversized laundry room provides additional flex space and storage.
Step outside to the expansive screened lanai, complete with an above ground spa and terrace overlooking the private backyard; it's inviting space to unwind or entertain. Electric and manual storm shutters offer peace of mind, along with a new roof in 2018 and a brand-new water heater.
Collier County Public Schools shows this home is zoned for top rated schools. Located just minutes from Naples' finest beaches, dining, shopping, and entertainment. This home perfectly blends comfort, style, and convenience.
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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 North Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017