Tropical, lushly landscaped .27 acre lot with tranquil lagoon and
golf course views from your 1000 sq ft lanai (over 300 sq. ft.
under roof) including "Bullfrog" brand hot tub. This meticulously
maintained home in an X FLOOD ZONE with LOW $225 YEARLY HOA DUES,
features ALL premium updates and a NEWER architectural designed
metal roof (50 year warranty), AC System, PEX Plumbing, Lawn &
Irrigation System, Garage Door, Insulation, Electrical Outlets and
IMPACT WINDOWS & DOORS to be installed soon. The spacious kitchen &
laundry room boast ALL NEW Stainless Steel APPLIANCES, Granite
Countertops plus Natural Hickory Cabinets and the bathroom showers
highlight 20" Italian Porcelain Tile, mosaic floors and glass
doors. All closets have Custom Wood Shelving and the great room
centerpiece is a one of a kind, natural keystone/fossilized coral,
Wood Burning Fireplace with a single stone hearth. Lely Country
Club is 10 minutes to downtown Naples and 15 minutes to crystal
blue water and white sandy gulf beaches. Experience "Naples Best
Kept Secret" and "last bastion" of single family, non-condo fee
living on large lots, close to everything Naples has to offer.
Torrey Pines is a friendly yet quiet (dead end street/culdesac)
neighborhood SURROUNDED BY A PRIVATE GOLF COURSE where beauty and
privacy meet convenience.
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.
Entire house has been fully remodeled: kitchen, utility room, all bedrooms, both bathrooms, and the garage. New (2021) architectural design metal roof by Roser with 50 year warranty. New (2022) PEX plumbing. New (2022) electrical outlets and panels. New (2019) all aluminum A/C system with 10 year warranty. New (2022) garage door electrical motor, sensors, remote openers, and rubber seal at bottom of door. New (2022) attic insulation and ladder. New (2020) lawn and irrigation. Recent (May 2022) dryer vent maintenance. Having these systems in new condition is intrinsic to a sound investment.
All new appliances. All new lighting. 20 inch Italian porcelain tile throughout all main floors, bathroom floors, and shower walls. Custom designed full masonry Keystone fireplace. Pecky Cypress paneling. Security safe. All closets have ventilated wood shelving. 1,000 sf screened lanai with “Bullfrog” brand hot tub. 2 inch natural stone (Arizona Red) flagging on facade, landing, and chimney.
For only $210 in annual homeowner's dues, NO monthly maintenance fees, a huge lot, and lake and golf course views make this neighborhood the very last of its kind, and Naples' best kept secret. The manager has listed the unit size as 2000 square feet.
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