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7733 Classics Drive
About This Property
The world class resort experience of the Players Club & Spa membership is included with this home. The Players Club & Spa features fine dining, a tiki bar and grill, 2 resort style pools plus a lap pool, a well-equipped fitness center with personal trainers and a full array of classes, full-service spa, Har Tru tennis courts with a pro shop, pickleball plus 2 dog parks. Lely Resort is also home to 1 private golf club (The Classics Country Club) and 2 public golf courses (The Mustang and The Flamingo).
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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 South Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017