965 Tierra Lago Way
About This Property
Enjoy stunning lake and golf course views from this spacious three-bedroom plus den residence, featuring four full baths, a two-car garage, and a private pool and spa. Light and bright with desirable western exposure, the home offers a well-designed floor plan ideal for both comfortable everyday living and entertaining. The updated kitchen flows seamlessly into the main living areas, while generously sized bedrooms provide comfort and privacy. Notable updates include electric hurricane shutters, a new roof in 2021, a new A/C system in 2022, three impact-rated doors, replacement of water pressure lines in 2018, wood flooring throughout the main living areas, and a renovated primary bath. The expansive screened lanai features a pavered deck, creating an inviting outdoor retreat for entertaining, relaxing, and enjoying Naples' beautiful sunsets against a stunning panoramic backdrop.
Tierra Lago is an intimate, beautifully landscaped enclave of just 44 single-family homes within The Vineyards, one of Naples' premier gated communities. Residents have the opportunity to enjoy the exceptional lifestyle of Vineyards Country Club, where optional membership offers access to 36 holes of championship golf, 12 Har-Tru tennis courts, pickleball, bocce, a resort-style pool and spa, and a full calendar of social activities. The impressive Wellness & Spa facility includes a fitness center, cafe, halotherapy salt room, massage and salon services, and a saltwater lap pool. Members can also enjoy club dining and outdoor bar service.
Ideally located in the heart of Naples, The Vineyards offers convenient access to world-class beaches, upscale shopping, fine dining, and premier medical facilities. Experience a wonderful blend of scenic views, a desirable location, and the opportunity to enjoy the best of the Southwest Florida lifestyle.
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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.
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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