5969 E The Toledo
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 19, 2017 | Sold | ||
| Sold | |||
| Jul 9, 2017 | Listed | $1,395,000 | |
| Listed | |||
| | |||
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This 2,158 sq.ft. 3 bed 3 bath home is ideally situated on an 3,345 sq.ft. oversized lot in the heart of Naples Island. Entry to this wonderful home can be accessed from either The Toledo or Angelo Walk giving it an incredibly unique advantage over your standard Naples Island lot. Fantastic curb appeal with nicely landscaped front yard and custom vinyl fence for increased privacy. Enter into a sun filled wide open great room with vaulted wood beamed ceilings, brick wood burning fireplace and large dining area. Glass sliding doors lead out to a spacious sunny yard perfectly set up for BBQs and entertaining family and friends. Updated kitchen with stainless steel appliances and second dining area lead out to a side patio. Upstairs the master retreat has wood burning pot belly stove, plenty of windows and wood beamed vaulted ceilings that give it an open and spacious feel. En suite with dual vanities, walk in closet and sky lights. Two light and bright additional bedrooms both with wood beamed vaulted ceilings share a full bath. Full size 2 car garage with plenty of extra storage and parking for an additional third car. Short stroll to the open water, canal, restaurants, shops and award winning Naples Bayside Elementary School. This home has incredible potential for a buyer who wants a premium location and an oversized lot. The manager has listed the unit size as 2158 square feet.
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| May 19, 2017 | Listed by Nationwide Real Estate Execs | $1,395,000 | |
| Listed by Nationwide Real Estate Execs | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017