8501 Naples Drive
About This Property
The updated kitchen looks out onto the extraordinary, tropical oasis, with a huge yard, large sparkling pool, and plenty of entertainment area! Large master bedroom with vaulted ceilings, and private bathroom suite. Spacious 2 car garage with custom, built in cabinets and epoxy floors. This large corner lot has a beautiful front yard, side yard, and stunning backyard you have to see! This home has updated baseboards, wood floors, 6 panel doors, windows, appliances , casings, and too many upgrades to list and and shows very well! Gorgeous Lagenbeck park is located only 9 houses away. Just a short drive to the beach and Huntington Beach Pier. Just in time for summer!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 5, 2017 | Sold | ||
| Sold | |||
| Mar 3, 2017 | Listed by The Michael Walsh Realty Group | $865,000 | |
| Listed by The Michael Walsh Realty Group | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017