Set within the tranquility of Pine Ridge Estates, Six Twenty-Four
Ridge Drive presents a masterfully reimagined coastal cottage
offering refined comfort, privacy, and effortless Naples living.
Fully remodeled from top to bottom, this four-bedroom plus den,
four-bath residence encompasses more than three thousand three
hundred square feet of air-conditioned living space, perfectly
positioned on over an acre of beautifully landscaped grounds. A
gracious foyer introduces the home's inviting coastal aesthetic,
where solid wood flooring, elegant wainscoting, chair rail
detailing, and thoughtful millwork create a warm yet elevated
ambiance throughout. The gourmet kitchen is tailored for the most
discerning buyer, anchored by a coveted La Cornue range, dual
Sub-Zero refrigeration, bespoke cabinetry, and an inviting
breakfast nook overlooking the outdoor retreat. A beautifully
designed bar area connects the kitchen to the main living spaces,
creating a natural setting for intimate gatherings and relaxed
entertaining. Formal and casual living areas offer versatility for
every occasion, from elegant dinners in the formal dining room to
relaxed evenings in the open and welcoming family room. The primary
suite is a peaceful sanctuary with generous proportions, two
spacious closets, and a spa-inspired bath featuring a soaking tub
designed for unwinding in comfort. Three additional guest bedrooms
provide privacy and comfort for family and guests. Outdoors, the
expansive backyard unfolds as a private resort-style oasis. A newly
created pool and spa serve as the focal point, complemented by a
large, screened lanai ideal for morning coffee or evening
cocktails. A charming gazebo offers additional covered space for
alfresco dining, lounging, or hosting gatherings, all surrounded by
open lawn and mature landscaping that provide exceptional privacy
and endless possibilities for outdoor enjoyment. Move-in ready and
ideally located minutes from beaches, shopping, and dining, this
exceptional Pine Ridge Estates residence delivers timeless design,
modern luxury, and an elevated Naples lifestyle. Schedule a private
showing to experience the setting and scale of this remarkable
property.
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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