Custom home by Stock Development in the highly coveted Black Bear
Ridge, an intimate gated community of just 100 single-family homes
in North Naples! Located on a private preserve lot, this spacious 3
bedroom + den, 2.5 bath home was built for Florida living with an
oversized covered lanai, 3-car garage, heated SALTWATER pool & spa,
and hurricane IMPACT windows & sliders throughout. Inside, the
large open kitchen features an oversized island, granite
countertops, and plenty of space for entertaining, opening directly
into the bright and spacious great room with extra tall ceilings.
Additional upgrades include tray ceilings, plantation shutters
throughout, and more! Black Bear Ridge is a boutique community
known for its oversized homesites, peaceful lake and preserve
views, and low-density feel with only 100 residences. Amenities
include a resort-style lakeside pool, clubhouse with gathering
room, fitness room, children's playground, and more. Conveniently
located in North Naples with easy access to shopping, dining,
beaches, I-75, and everything Naples has to offer!
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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