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1324 Monarch Circle
About This Property
The open-concept design features a stylish kitchen with a large island bar, custom cabinetry, quartz countertops, and newer stainless steel appliances (2023)-perfect for entertaining or everyday comfort. Tile flooring flows throughout, including elegant wood-look tile in the living areas, bedrooms, and den. The primary suite showcases a designer touch with a sliding barn door leading to a beautifully updated bath. Both bathrooms feature custom tiled showers, quartz vanities, and updated fixtures.
Enjoy peace of mind with major upgrades including a new A/C with UV air purification (2025), new roof and gutters (2023), impact garage door, water heater (2025), and washer/dryer (2025). Impact glass windows were installed in 2018, with select front-facing windows and the side bedroom window being standard (non-impact).
Step outside to your private retreat-this large lot offers room for a pool and features both a front garden lanai and a spacious screened rear lanai overlooking tranquil lake views, ideal for morning coffee or sunset relaxation.
Perfectly centrally located, you're just minutes from Berkshire Commons Plaza with convenient access to Publix, First Watch, Walgreens, dining, and everyday essentials. Enjoy an active lifestyle within walking distance to Golden Gate Community Center, featuring an aquatic complex, fitness center, playgrounds, and picnic areas.
Low HOA fee of only $179/year, with owners maintaining their own yard. Irrigation is conveniently sourced from the lake, helping keep costs down while maintaining lush landscaping.
This home offers the perfect combination of location, upgrades, lakefront living, and affordability-an exceptional opportunity in one of Naples' most convenient areas.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 18, 2026 | Sold | ||
| Sold | |||
| May 16, 2026 | In contract | - | |
| In contract | |||
| May 15, 2026 | Price Decreased |
$484,000
↓ $5K
(1%) | |
| Price Decreased | |||
| Mar 13, 2026 | Listed by John R Wood Properties | $489,000 | |
| Listed by John R Wood Properties | |||
| Feb 21, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
Property Highlights
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About Golden Gate
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017