Built in 2020 and situated on a rare double lot, this spacious,
move-in-ready home is located in a desirable 55+ community with low
HOA fees! The bright, open floor plan features beautiful laminate
wood flooring and a spacious kitchen highlighted by a massive
center island-perfect for entertaining. Enjoy plenty of outdoor
space, covered parking and the relaxed Southwest Florida lifestyle.
Residents have access to two community pools, all while being
conveniently located near shopping, dining, downtown Naples and
just 7 miles from the Gulf beaches. Super low HOA fees include lawn
and land maintenance, cable, internet and more! A newer home, extra
space and a fantastic Naples location make this one a must-see!
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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