700 Admiralty Parade W
About This Property
stretching across Admiralty Bay to Keewaydin Island, with captivating glimpses of the Gulf. Built by London Bay Homes,
designed by Kukk Architecture, and interiors curated by Romanza Interior Design, this world-class team has created a
residence that embodies sophisticated coastal elegance. The home features an open great room floor plan, and a chef's
dream kitchen at the heart of the home, with a freestanding breakfast island, adjacent bar and extensive wine storage.
The primary wing features a private study, offering a tranquil retreat. A staircase or private elevator leads to the upper
level, where an upstairs bonus room with private balcony is surrounded by a VIP guest suite and additional bedrooms.
Pocket glass doors seamlessly connect indoors to an exquisite outdoor living space. A covered lanai with gourmet
summer kitchen, sleek wood deck with lounge seating, and a mesmerizing fire table set the stage for unforgettable
gatherings. The zero-edge custom pool and spa enhance the home's serene ambiance. This property is eligible for Port
Royal Club membership.
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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%.
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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 Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017