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10815 Phoenix Way
About This Property
A standout feature of the property is the oversized screened lanai with a pool and spa, creating an exceptional outdoor living area. The sliding doors pocket all the way back in the living room to the pool creating a seamless indoor/outdoor experience.
Longshore Lake is a premier North Naples gated community with an 88 acre lake for boating, fishing and kayaking, Tennis and Pickleball, A Clubhouse with restaurant, bar and outdoor dining, miles of walking paths and golf next door. A rated schools and just a few miles to the sugar sand beaches and shopping. No flood zone. Roof ~ 3years old. Surge protector in garage and all new smoke detectors in January.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 31, 2026 | Sold | ||
| Sold | |||
| Jul 7, 2026 | In contract | - | |
| In contract | |||
| Jun 14, 2026 | Price Decreased |
$1,320,000
↓ $20K
(1.5%) | |
| Price Decreased | |||
| May 29, 2026 | Price Decreased |
$1,340,000
↓ $10K
(0.7%) | |
| Price Decreased | |||
| Apr 16, 2026 | Listed by Compass Florida LLC | $1,350,000 | |
| Listed by Compass Florida LLC | |||
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About Urban Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017