Peaceful lake views and a truly central Naples address are a rare
combination, and this Walden Oaks home has both. The home backs to
one of the community's large lakes, and the expansive Florida room,
with space for dining, and the paver patio both look out over the
water. Inside, tile flows throughout and plantation shutters dress
the windows. The updated eat-in kitchen features quartz counters
and new appliances (2026), and a formal dining room is ready for
entertaining. The air-conditioned two-car garage opens into a
flexible room that works as a mud room or a small home office. The
practical updates are already done: PEX plumbing (2022), washer and
dryer (2021), and roof (2013).
Walden Oaks is quiet by design. Residents walk the paths beneath
the oaks around the community's lakes and enjoy an island pool,
clubhouse, and tennis and pickleball courts. Low HOA fees include
lawn, landscaping and irrigation. The home is about a mile from
Barron Collier High School and close to shopping and dining. Old
Naples, Fifth Avenue South, Mercato, Venetian Village, Artis–Naples
and the Gulf beaches are all within about 15 minutes.
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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