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5019 Fairhaven Lane
About This Property
Inside, the home showcases soaring volume ceilings, recessed can lighting throughout, and a warm blend of wood flooring and tile that creates an inviting and timeless interior. The spacious floor plan offers comfortable everyday living along with ideal entertaining space. Recent updates include a newer A/C system, upgraded screened lanai enclosure, newer oven, and newer washer and dryer, providing added value and peace of mind. Hurricane shutters further enhance the home's storm protection and convenience. The screened lanai offers a private outdoor retreat perfect for relaxing or entertaining while enjoying the peaceful quiet wooded preserve backdrop.
Residents of Wilshire Lakes enjoy an outstanding amenity package including a clubhouse, fitness center, tennis courts, and two community pool and hot tub all within a beautifully maintained gated community known for its mature landscaping and central Naples location. Ideally situated in a preferred public school district, this residence offers quick and convenient access to I-75, Downtown Naples, Gulf beaches, Mercato, Waterside Shops, and an abundance of shopping, dining, and entertainment destinations.
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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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About Urban Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017