526 Charlemagne Boulevard
About This Property
Riviera Golf Estates! A desirable active
over 55 community. This open and naturally
bright welcoming home is walking distance
to our beautiful saltwater pool, clubhouse
and fitness room. Recent updates include
new roof and laminate floors in 2018.
New A/C in 2019, new granite kitchen
countertops in 2021.Eighteen new double
pane windows and hot water tank in 2024.
A double wide driveway provides parking
for your guest! A well for irrigation will help
with water expenses. Enjoy shuffleboard,
pickleball, tennis, bocce and our own
fitness room,library and billiard room.
All this just 15 minutes away from 5TH
Ave and beautiful beaches! HOA fee is $418
per quarter and yes you own the land!
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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 South Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017