Reduced price! Best buy in Naples under $1M. Single Family with low
monthly fee takes care of gate and all outside landscaping! True
hidden gem. Big clear lake, Preserve lot NEXT DOOR!
Hand-picked location, this is the Developer's personal residence
broken ground in 1977. Single story "ranch" style this is the
very first Estate Pool home built in the prestigious Naples Bath
and Tennis Club. Nestled in town, 3 miles from the beach and
close to everything, its gated and very well-maintained community.
Purchased in 2020, owners continuously improved the residence room
by room, from "floor to ceiling." Greeted by convenient
circle driveway w/ interlocking pavers, 740 Bald Eagle's Battleship
Grey color with white trim, Boldy stands out in the green park like
setting. The foyer with coat closet, greets guests to
sweeping lake views, hard woods, trims and finish work catches your
eys and details abound. An elevated site that has never
flooded, has new high impact windows and sliding doors throughout
the house. Bamboo wood flooring connects all the bright living
space. Other significant improvements are made in the kitchen, the
laundry room and in the office space which includes custom built
desks and cabinets. It is roomy enough to double as an additional
bedroom. A wonderful feature of the home is the connection with the
outdoor space - The expansive sliding glass doors create seamless
indoor/outdoor living, opening to the newly tiled pool deck and the
resurfaced saltwater pool and the integrated spa. A Generac
generator and a 1,000-gallon fuel tank guarantee that electricity
will never be lost during a hurricane. Built-ins include encased
electric fireplace, wainscoting, custom glazed trim, custom
shelves; additionally, Cedar plank ceilings, Sunroom, formal dining
room. 2 car garage, Florida-White Barrel tile roof, side entry
garage, pool bath and luxury "Bump outs" in the exteriors wall's
design extend the sense of space, and this house lives much larger
than its 3000 enclosed under air. Built in hot tub with pool
and additionally, a free stranding Specialized Therepautic Walk in
Spa is included for your comfort. This home is vacant and
ready to go.
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.
Set on one of the most desirable lots within the prestigious Naples Bath and Tennis Club, this lakefront single story residence showcases sweeping water views and privacy. The current owner states that due to the property’s elevated positioning, it has never experienced flooding.
The home has been renovated and has newer impact windows and sliding doors throughout the house. Wood flooring connects the bright living spaces.
The three bathrooms are updated in a modern design. Other improvements are made in the kitchen, the laundry room and in the office space which includes custom built desks and cabinets. It is roomy enough to double as an additional bedroom.
The expansive sliding glass doors create seamless indoor/outdoor living, opening to the newly tiled pool deck and the resurfaced saltwater pool and integrated spa.
A Generac generator and a 1,000 gallon propane tank provide assurance that electricity will be available during a hurricane or loss of power event.
Ideally located just minutes from Naples world famous beaches, premier shopping and dining, and convenient access to both north and south Naples. A must see!
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