4733 Navassa Lane
About This Property
If homeowners' insurance cost is important to you the current insurance premium you will appreciate homeowners 2,196.58 flood insurance not required but Seller, has it 843.10 for 03/15/2025 -03/15/2026 This home has been meticulously maintained!!!
Island Walk is a wonderful community. Many of the amenities have recently been upgraded and renovated. Amenities, Weight and Exercise Room, Large Community Pool and Lap Pool, Post Office, Car Wash, Tennis Courts & Pickle Ball Courts, Bocce Court, New Enlarged Putting Green, soon to be completed remodeled Town Center, Gas Station, Highly Rated Restaurant Casa Cotzelli, Hair & Nail Salon.
All of this just 15 minutes to Vanderbilt Beach, 20 minutes to Downtown Naples, 15 minutes to Mercato and 25 minutes to RSW Airport.
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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