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164 Cape Sable Drive
About This Property
Residents enjoy two community pools, a clubhouse featuring a modern kitchen for gatherings and events, and low HOA fees that include lawn and land maintenance, cable, and internet. Best of all, you own the land-no lot rent!
Located less than 7 miles from the beautiful white sand beaches of the Gulf and close to shopping, dining, and everything Naples has to offer. With its desirable location, low carrying costs, and rental potential, this could be a great addition to an investment portfolio or your own sunny Florida escape.
Motivated sellers and priced to sell-don't miss this opportunity to own your piece of Naples!
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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 |
|---|---|---|---|
| Sep 14, 2026 | Listed by Realty One Group MVP | $105,000 | |
| Listed by Realty One Group MVP | |||
| Feb 7, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Oct 20, 2025 | Price Decreased |
$134,900
↓ $15K
(10%) | |
| Price Decreased | |||
| Jul 2, 2025 | Listed by Realty One Group MVP | $149,900 | |
| Listed by Realty One Group MVP | |||
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Cozy Naples Retreat in a 55+ Community – Priced to Sell!
This charming manufactured home is the perfect little getaway in the heart of Naples, Florida. Located in a welcoming 55+ community, it offers comfortable, affordable living just minutes from everything you need.
Enjoy access to two well-kept community pools, a clubhouse with a brand-new, modern kitchen for social gatherings, and low HOA fees that include lawn and land maintenance, cable, and internet. Best of all, you own the land—no lot rent!
Ideally situated less than 7 miles to the Gulf’s beautiful white sand beaches, and with shopping and dining just around the corner, this home is all about convenience and easy living.
Motivated sellers are ready to make a deal—don’t miss this opportunity to own a great little spot in sunny Naples!
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| Feb 24, 2014 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017