3908 Gibralter Drive
About This Property
At the heart of the home, the gourmet kitchen is a chef's dream, featuring an oversized island, wine cooler, illuminated glass-front cabinetry, spacious walk-in pantry, and abundant storage. Upstairs, the spacious loft opens to a private balcony that is also accessible from the primary suite, creating a serene retreat with peaceful preserve views.
Step outside to your own private oasis, where a full outdoor kitchen, seating areas, a custom water feature, and an expansive paver patio invite year-round enjoyment. Backing to a lush preserve, the property offers a rare sense of privacy and tranquility with no homes directly behind.
Riverstone residents enjoy an exceptional resort lifestyle with a resort-style pool, lap pool, poolside cabanas, splash pad, fitness center, game room, tennis and basketball courts, walking trails, and a beautifully equipped park and playground. All of this is set within an A-rated school district and just minutes from Naples' premier shopping, dining, and beaches.
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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 Urban Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017