7457 Moorgate Point Way
About This Property
New HVAV (4 Ton) Trane system with Nexia Smart thermostat. New hot water heater with circulation pump,
Storm Smart electric fabric hurricane shutters on lanai, manual shutters on side with impact window in front and laundry room. current roof inspection, freshly painted, two Sony smart TVs and one in front bedroom, new pool pump. Pool and spa controlled by i aqualink from your phone. New Primary bedroom bed with Tempurpedic king mattress. Special break in proof lock on front door, pavers sealed front and back, Hughes Exterminating system with yearly inspection.
security cameras (3) and doorbell. Much of the furniture is high end Clive Daniels. (Most systems replace in 2019.
Lely Resort is a unique club with 3 swimming pools, 11 Har Tru tennis courts, pickle ball courts, bocce courts,
Gorgeous club house with indoor and outdoor dining, Newly expanded Tiki bar. This is the place to meet new friends. The community boasts two public golf courses and a private equity golf course.
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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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About South Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017