5253 Sycamore Drive
About This Property
Inside, premium white oak wood floors run throughout, tying together custom cabinetry, lighted built-ins, designer fixtures and dramatic wood ceiling details. Entertain in the large theater/game/family room, gather around the wood-burning fireplace or enjoy the LED color-changing ventless fireplace at the touch of a remote.
The chef's kitchen features the highest end Jenn-Air professional-style appliances, quartz countertops, hidden pop-up outletson the oversized island, a custom hood and an adjacent wet bar. The primary suite offers large his & hers closets, a morning bar, soaking tub, rain shower and linear drains for a true spa feel.
Behind the scenes, no detail was missed: new PEX plumbing, whole-house reverse osmosis, new deep well and sprinkler system, (2) new HVAC systems with updated supplies and returns, upgraded electrical panels, impact windows, sliders and doors, a custom gate system and an oversized epoxy-floor garage with built-in storage. A new shingle roof with re-attached trusses meets 2023 code for outstanding wind-mitigation and insurance benefits. This is a rare opportunity to move into a fully modernized home with every upgrade already done on land with privacy in the popular area of Logan Woods in the heart of Naples.... where you never have HOA fees!
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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