Great opportunity to own a 3-bedroom, 2-bath single-family pool
home tucked away in the heart of Naples. This home packs a punch
with two spacious living areas, a formal dining room, a breakfast
nook, an expansive kitchen, generously sized bedrooms, and an
incredible outdoor living space featuring a large pool and
oversized patio. Thoughtfully updated and storm-ready, it offers
impact-resistant bedroom windows, electric storm screens for the
lanai, and a newer impact-resistant garage door. Additional
improvements include a new electrical panel (2021), HVAC system
(2022), and water heater (2026). Best of all, the irrigation system
is supplied by a private well, helping keep landscaping costs low
and enjoy mature landscaping with even a mango and avocado tree!
With HOA dues of just over $100 per quarter, Quail Crossing is one
of Naples' hidden gems. This small community of just 77 homes is
known for its welcoming neighbors and peaceful atmosphere. Tucked
away from the hustle and bustle, yet just minutes to the beach,
Mercato, world-class shopping and dining, RSW International
Airport, and iconic 5th Avenue South, it offers the perfect blend
of privacy and 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.
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