One or more photo(s) has been virtually staged, AI generated or
rendered. This three-bedroom-plus-den Sandbar model is tucked
away in the Arboretum community with an extremely private rear yard
and little through traffic. The popular floor plan features a
first-floor primary suite with a large walk-in closet, spacious
bath with dual sinks and walk-in shower. Beautiful tile floors are
in the common areas, with open kitchen for entertaining featuring
an island, stainless appliances and walk-in pantry which flows into
the 17-by-21-foot great room with vaulted ceilings. The second
floor offers two guest bedrooms, full bath, a large open loft for
entertaining or working from home, plus an air-conditioned
bonus/storage/hobby room. Many upgrades include laundry room with
shelves, cabinets and closet, front-load washer and dryer, ceiling
fans in all bedrooms and lanai, and an attached two-car garage with
epoxy flooring. Neutral decor, well maintained and ready for new
owners to move in, make it their own and enjoy living in Arboretum.
The pet-friendly, gated community has a clubhouse/recreation center
with a saltwater pool, hot tub, an extensive fitness facility and
an outdoor entertaining area with a fire pit overlooking a lake.
Convenient location, short distance to the Botanical Gardens,
pickleball courts, Bayshore restaurants, food trucks, and the
outdoor bar and live music at Celebration Park. Only a short drive
to Naples finest shopping, dining, theater, entertainment districts
and Gulf beaches!
One or more interior photos have been virtually staged, AI
generated or rendered.
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.
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