7037 Mill Run Circle
About This Property
Step outside to your own private outdoor oasis, where a resurfaced pool and new screen enclosure (2018) provide the perfect setting for year-round enjoyment. The oversized lot offers ample green space, privacy, and endless possibilities for outdoor living. Additional updates include a roof replacement in 2016, AC in 2017, and a water heater replaced in 2020. This home presents a great opportunity for customization, allowing you to add your own modern touches.
Located in the highly desirable Mill Run at The Crossings, this home offers the perfect blend of tranquility and convenience. Residents enjoy low HOA fees while benefiting from a gated entrance, tree-lined streets, sidewalks, a community pool, tennis courts, a clubhouse, a dedicated dog park, and a playground. Just minutes from top-rated schools, pristine beaches, and premier shopping and dining at Waterside Shops and Mercato, this home is truly a rare find in one of Naples' most beloved communities. Schedule your private tour today!
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017