619 Charlemagne Boulevard
About This Property
Riviera Golf Estates. A desirable over 55 community.
Bright, spacious and open kitchen with dining area
and living room. Laundry room is inside ,leaves lots
room for storage in utility shed. Roof and carport
replaced in 2018. Double wide driveway with plenty
room for parking. Property has a well for irrigation!
Property being offered turnkey and ready for new owner.
Enjoy the saltwater pool with lap lanes, Tiki hut and spacious
clubhouse for many social activities.Enjoy shuffleboard,
pickleball,tennis, Bocce and our own fitness room,library and
billiard room. HOA is $431 per quarter and YES you own
the land! All this just 15 minutes from 5th Ave. and beautiful
beaches.
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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