487 Palo Verde Drive
About This Property
The Vineyards has two, 18-hole golf courses, and are among the most amazing courses in Naples. Palo Verde is a gated community of 43 homes close to hospital, grocery store, great restaurants
Roof 2021, Pool redone in 2022, HVAC 2023 New exterior lights Furniture is negotiable
Its the perfect place to relax, entertain, watch the wildlife, read a book or dance around the kitchen! Amazing flora and fauna... Herons, Eagles, bougainvillea and Birds of Paradise surround you. Welcome to your new home!
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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