42
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421 Palm River Boulevard
About This Property
Step inside to find large tile flooring throughout the main living areas and an updated kitchen ready for everyday living and entertaining. A sizeable laundry room adds everyday convenience, while central vacuum makes upkeep effortless.
Outside, your private pool and spacious yard create the perfect backdrop for relaxing or entertaining against the golf course backdrop. The pool is solar-heated (system replaced in 2017) with a newer pool pump, and a private well with a newly replaced irrigation pump keeps your landscaping lush without the added cost to your water bill.
This home has been thoughtfully cared for with updates including a whole-house repipe, a newer impact-rated garage door, a mix of impact windows and manual shutters for storm protection, new exterior lighting, and a freshly painted exterior (2025).
With its blend of comfort, updates, and an exceptional location near Naples' best beaches, shopping, and dining, this home is a rare find. NO HOA FEES. Schedule your private showing today!
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017