8895 Ventura Way
About This Property
Pelican Marsh residents enjoy an active tennis, pickleball, bocce, fitness center as well as private onsite restaurant and various social events through out the year. Pelican Marsh is a convenient location within close proximity to the pristine beaches of the gulf, close proximity to I-75 and many fine restaurants and great shopping as well, close to Mercato Shops, Waterside Shops and Galleria Shoppes at Vanderbilt. NEW ROOF BEING INSTALLED BY OWNER.
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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 North Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017