1620 Blue Sage Drive
About This Property
The star of the property? The detached garage/workshop. Whether you run a small business, need space for tools and vehicles, or want a place to create and build, this setup is hard to find in Naples. There's plenty of room for RVs, boats, work trucks, and more.
Built in 2005 with a roof replaced in 2018, the home offers a solid structure with endless potential to make it your own. The location is unbeatable-right in the path of growth, close to new shopping, schools, and everything happening in Golden Gate Estates.
Perfect for homeowners, investors, or business owners looking for flexibility. Property is sold as-is.
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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 |
|---|---|---|---|
| Mar 6, 2026 | Sold | ||
| Sold | |||
| Jan 28, 2026 | In contract | - | |
| In contract | |||
| Jan 23, 2026 | Price Decreased |
$450,000
↓ $30K
(6.3%) | |
| Price Decreased | |||
| Nov 24, 2025 | Listed by Premiere Plus Realty Company | $480,001 | |
| Listed by Premiere Plus Realty Company | |||
| Apr 6, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017