131 Cypress E Way H Naples, FL 34110
Remodeled end unit near dining, shopping, and the beach.
Property Features for 131 Cypress E Way H
General Information
- Standard status
- Active
- Size
- 1,377 SF
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 1981
Listing office Premiere Plus Realty Company (239) 777-4731
Listing date Jan 11, 2025
Source Exitrealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Premiere Plus Realty Company
Investment Insights
Based on property information with market context.
Key Highlights
- Completely remodeled end unit with 1377 sq. ft. of living space.
- Desirable North Naples location: walking distance to dining and shopping, close to US 41 and Mercato, and a 5‑minute drive to the beach.
- Remodeled kitchen and baths feature quartz countertops, self‑closing cabinetry, and new stainless steel LG appliances (with warranty).
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $35.9k | $26.04 |
| − Vacancy | −$1.9k | −$1.35 |
| EGI | $34.0k | $24.69 |
| − OpEx | −$15.3k | −$11.11 |
| NOI | $18.7k | $13.58 |
