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505 TURTLE HATCH Road
About This Property
Relish in the proximity to the charming Venetian Village, where you can indulge in waterfront dining and boutique shopping. Experience the vibrant atmosphere and diverse offerings at Mercato and Waterside, with a multitude of shops, restaurants, and entertainment options.
Furthermore, the location provides a short, leisurely drive to the iconic Downtown Fifth Avenue South and Third Street South, where cosmopolitan flair meets historic charm, offering a delightful array of cultural attractions, galleries, and culinary wonders.
Embrace the possibility of creating a residence tailored to your vision on this seldom-found lot. The established Park Shore area invites you to build a sanctuary that harmonizes elegance with lifestyle, in one of Naples' most sought-after neighborhoods. Don't miss this chance to transform your dream into reality amidst a setting that blends luxury with unbeatable convenience.
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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 Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017