521 Leawood Circle E
About This Property
property in Naples features a freshly painted interior, custom kitchen cabinets, a stylish backsplash, and granite countertops. The home has laminate floors, tile in kitchen, laundry and bathrooms. a roof that was replaced in 2020. Ideally situated close to downtown Naples beaches, it is just 1 mile from grocery shopping and restaurants. The low HOA fee of $120 per month includes lawn care, pest control, and access to a community pool, adding to the property's appeal and 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 Golden Gate
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017