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114 Westwood Drive
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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 |
|---|---|---|---|
| Sep 18, 2026 | Listed by Hovland Realty, LLC | $2,200,000 | |
| Listed by Hovland Realty, LLC | |||
| Mar 4, 2025 | Sold | ||
| Sold | |||
| Feb 3, 2025 | In contract | - | |
| In contract | |||
| Jan 22, 2025 | Listed by Compass Florida LLC | $1,395,000 | |
| Listed by Compass Florida LLC | |||
| | |||
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One of a kind waterfront property with 175 feet of river frontage taking you to the gulf of Mexico. 4 Bedrooms +Den/big entertainment area, 3.5 Bathrooms two story home, oversized two car garage with extra storage and pool. This is the ultimate Florida entertainment dream offering a great outdoor space with spacious pool, fire pit area with views of river as well as a boat dock you can keep your water toys. The interior of the home is completely remodeled with exquisite finishes. Starting out you are welcomed by large double doors into your foyer that leads to top of the line white oak stairs, 3 AC units 2018, roof 2018, new water heater, updated laminate flooring throughout main living area and epoxy concrete downstairs giving the home a modern touch. The gourmet kitchen offers granite counter tops and backsplash, convection cook top, stainless steel hood and appliances as well as custom cabinets with an enormous amount of storage space, in addition to the under cabinet lighting. Right off the kitchen is your convenient laundry room with sink and folding area and plenty of storage cabinets and a dumbbell elevator for convenience to the downstairs. Very spacious main bedroom with Ensuite bathroom is located on the main floor and offers a luxurious feel with soaking tub, large walk in shower, double vanity, bidet and oversized walk-in closet with custom built in cabinets and major island for storage. Additionally a powder room is conveniently located in the foyer area of the home and is great when you entertain. The downstairs offers 3 bedrooms and 2 bathrooms with one of the bedrooms offering an ensuite bath.Both full baths have updated walk-in showers with frameless shower doors and modern vanities. Sellers invested in heavy duty flood walls to assure the home is protected from all elements. Enjoy stunning sunsets and views from your two balconies as well as anywhere on the property. Palm River Estates is conveniently located close to shops, restaurants and the beautiful beaches Naples has to offer and you can take your water toys directly to the gulf from your backyard.
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| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017