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1248 Trail Terrace Drive
About This Property
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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 |
|---|---|---|---|
| May 6, 2026 | Listed by John R Wood Properties | $1,590,000 | |
| Listed by John R Wood Properties | |||
| May 1, 2026 | No longer available | - | |
| No longer available | |||
| Oct 19, 2024 | Price Increased |
$1,590,000
↑ $40K
(2.6%) | |
| Price Increased | |||
| Sep 25, 2024 | Listed by John R Wood Properties | $1,550,000 | |
| Listed by John R Wood Properties | |||
| | |||
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Stunning new construction offering modern luxury, clean architectural lines, and exceptional natural light throughout. This contemporary residence welcomes you with an impressive front elevation featuring dramatic rooflines, oversized impact windows, and gorgeous wood-accent garage doors. Inside, the open-concept layout showcases soaring ceilings, expansive living spaces, and seamless indoor–outdoor flow. The designer kitchen is the showpiece of the home—equipped with sleek flat-panel cabinetry, a large quartz waterfall island, premium stainless-steel appliances, and abundant storage. Multiple kitchen angles show a blend of elegance and functionality perfect for cooking and entertaining. The living and dining areas are bright and spacious, enhanced by wide-plank flooring, recessed lighting, and panoramic windows that frame the outdoor views. Sliding glass doors open to a beautifully finished covered lanai and pool area, creating the ideal setting for Florida living. Spa-inspired bathrooms feature floating vanities, frameless glass showers, freestanding soaking tubs, and modern matte-black fixtures. The bedrooms offer generous space, large windows, and clean, contemporary finishes. Step outside to the resort-style backyard with a sparkling pool, sun shelf, and ample deck space perfect for relaxing and hosting guests. The home sits on a manicured lot with fresh landscaping, presenting a crisp and polished curb appeal. With its modern design, luxury finishes, and thoughtfully crafted layout, this home delivers the perfect blend of sophistication, comfort, and contemporary Florida style.
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| May 17, 2023 | Sold | ||
| Sold | |||
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About Central Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017