18
Map
1268 Lake Shore 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 |
|---|---|---|---|
| Oct 22, 2026 | Price Decreased |
$799,000
↓ $30K
(3.6%) | |
| Price Decreased | |||
| Jul 4, 2026 | Listed by Keller Williams Realty Naples | $829,000 | |
| Listed by Keller Williams Realty Naples | |||
| Apr 1, 2026 | No longer available | - | |
| No longer available | |||
| Apr 18, 2025 | Listed by Keller Williams Realty Naples | $845,000 | |
| Listed by Keller Williams Realty Naples | |||
| | |||
|
Fantastic year-round-residence or income producing property with proven rental history. Incredible central location puts you just minutes from the beach, dining, shopping, and entertainment venues though you may never want to leave your resort style backyard oasis with its beautifully remodeled pool, sitting areas and stunning landscaping. This home is being sold turnkey with EVERYTHING you need to start living your Florida dream life on day one or begin producing rental income immediately. NO HOA/NO HOA fees. Short and long term rentals allowed. No restrictions. HVAC replaced in 2020, hot water heater 2025, and metal roof installed in 2019.
(1.3 miles to Clam Pass Beach, less than 1 mile to Waterside Shops, 5 miles to downtown Naples, 1.9 miles to Venetian Village, 1.4 miles to Artis Naples).
| |||
| Apr 13, 2022 | Sold | ||
| Sold | |||
Property Highlights
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About Central Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017