869 Summerfield Drive
About This Property
Discover your dream home in the heart of the up-and-coming Golden Gate Estates area. This delightful 3-bedroom, 2-bathroom residence is nestled in the welcoming, ungated Orange Tree neighborhood, offering the perfect blend of comfort and convenience.
With a total of 1,804 square feet, this home provides ample space for families of all sizes. Enjoy sunny Florida days by your private swimming pool, perfect for sipping coffee in the morning on the spacious patio and relaxation in the evening time. The well-designed floor plan includes three generous bedrooms and two full bathrooms, offering plenty of room for everyone. Enjoy meals at the eat in kitchen. Experience the charm of the Orange Tree neighborhood, an ungated community with low HOA fees while still being in close proximity to all the amenities Naples has to offer.The property boasts meticulously maintained landscaping and fully fenced in yard, enhancing its curb appeal and providing a tranquil outdoor oasis.
Located just outside of town for a peaceful atmosphere, this home is in a rapidly growing and developing area. It is 1 mile from a Publix and Palmetto Ridge High School, a 10-minute drive to the new Founders Square for shopping and restaurants. Additionally, it is conveniently situated just 10 miles from exit 111 for the interstate and 15 miles to the beautiful pristine beaches of Naples.
This home is priced to sell, allowing you the opportunity to make personal updates to truly make this home your own. Don't miss this incredible opportunity to own a piece of paradise in Naples, Florida.
Roof is from 2019. A/C replaced in 2022. Water Heater replaced in 2016. Pool Pump Replaced in 2019.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017