1320 Park Lake Drive
About This Property
The interior is bathed in natural light, thanks to expansive windows that complement the soaring ceilings and clean architectural lines. Every corner of this home feels bright, open, and ready for your personal touch. Essential utilities are already in place, making it easy to bring your ideas to life.
Step outside and take in the lush greenery that surrounds the property-a tranquil backdrop that enhances the indoor/outdoor living experience. Nestled in the heart of Naples, you'll be part of a vibrant, welcoming community while still enjoying a peaceful retreat.
Rarely does a property with such versatility and potential come along. Here's your opportunity to create a space that's uniquely yours in one of Naples' most sought-after locations. Explore the possibilities and make it your own!
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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, 2025 | Sold | ||
| Sold | |||
| Apr 9, 2025 | In contract | - | |
| In contract | |||
| Mar 7, 2025 | Relisted | $425,000 | |
| Relisted | |||
| Mar 4, 2025 | In contract | - | |
| In contract | |||
| Jan 31, 2025 | Listed by Compass Florida LLC | $425,000 | |
| Listed by Compass Florida LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017