41 5th Street S
About This Property
Upon entry, be welcomed by the grandeur of specialty ceiling and wall treatments, complemented by wire-brushed ash flooring that infuses warmth and character into the main living areas. The fusion of wood tones, metals, and crystals creates a contemporary elegance throughout. Entertain effortlessly in the open-concept floor plan, where the dining room, featuring a sleek linear fireplace, comfortably accommodates eight. The kitchen is a chef's delight, boasting a blend of wood and high-gloss white cabinetry, a sprawling island, and top-of-the-line appliances including a dual-fuel range, steam oven, and Sub-Zero refrigerator.
Flowing seamlessly from the great room, pocketing glass doors lead to the outdoor oasis, where a covered living area, expansive pool deck, and outdoor kitchen await. Bask in the Florida sunshine or unwind in the shade of the covered lanai, complete with a fireplace for cozy evenings under the stars. Retreat to the spa-like primary suite, featuring a vaulted ceiling, dual walk-in closets, a freestanding soaking tub, and a luxurious shower.
An additional guest bedroom on the main level ensures privacy comfort and convenience for visitors, while three en-suite bedrooms, a bonus room, and two balconies upstairs offer private accommodations for family and friends. Outside, the pool deck with a stone-clad wall and water feature, sunken spa, and a fire pit with seating on a raised platform deck create an enchanting ambiance, perfect for alfresco gatherings and cherished moments with loved ones.
Experience the epitome of Naples living in this exceptional residence, where luxury knows no bounds and every day feels like a blissful getaway.
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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