625 Maraviya BOULEVARD
About This Property
It is already stubbed for an outdoor kitchen and has a convenient pool bathroom. Light, bright and spacious, this home makes you want to call Florida your home. The expansive view with southern exposure overlooks a 90-acre lake. Toscana Isles has low HOA fees that include an onsite Social Director, Maintenance Provided Lawn Care and Gated Community. The resort style-infinity edge pool at the clubhouse overlooks 1 of 3 interconnected lakes for canoeing-kayaking. There is also a dog park, playground, tennis courts, pickle ball courts, bocce ball, and nice areas for fishing. Inside the state of the art amenity center is a party room, catering kitchen, billiard room & bar with several big screen tvs, cardroom/library, High Tec fully equipped fitness center, and a studio area for pilates, yoga & dance. Secluded and private, yet minutes away from I-75 for access to Naples of Tampa and only 10 minutes to the beach. This is living the Florida lifestyle at its finest.
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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 |
|---|---|---|---|
| Mar 8, 2024 | Sold | ||
| Sold | |||
| Dec 12, 2022 | Listed by EMERALD REALTY OF SOUTHWEST FLORIDA LLC | $1,235,105 | |
| Listed by EMERALD REALTY OF SOUTHWEST FLORIDA LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017