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8844 Mustang Island Circle
About This Property
The highly sought-after Palomino model features a spacious primary suite with a luxurious bath, offering a private retreat within the home. Formal living and dining areas provide an elegant setting for entertaining, while the strategically placed home office ensures quiet and privacy. With upgraded flooring, kitchen, bathrooms, fresh paint, and NEW ROOF!
At the heart of the home, the open-concept family room and kitchen create a bright, inviting space perfect for everyday living and gathering with guests.
Step outside to enjoy multiple outdoor living areas designed for the Florida lifestyle-whether relaxing in a shaded nook, taking in serene golf course views, or enjoying the custom pool and convenient pool bath.
Located in the renowned Lely Resort, residents have access to three championship golf courses, The Classics C.C. with optional membership and the 2 public, Flamingo Island and Mustang courses! Immediate membership to The Players Club & Spa offers resort-style amenities including two lagoon pools, a lap pool, tiki bar, full-service spa, state-of-the-art fitness center, tennis, bocce, pickle ball, and elegant indoor fine dining.
Meticulously maintained and move-in ready, this home offers the perfect blend of comfort, elegance, and resort-style living.
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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