18024 Bluewater Drive
About This Property
Situated in a golf course community with optional membership, this home delivers the Naples lifestyle without mandatory golf fees, all while maintaining a low HOA. The open and functional floor plan is designed for effortless living, with seamless indoor-outdoor flow and serene water views as your backdrop. Conveniently located just minutes from shopping, dining, Marco Island, and downtown Naples, this property offers the perfect blend of space, privacy, and value.
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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 13, 2026 | Sold | ||
| Sold | |||
| Feb 18, 2026 | In contract | - | |
| In contract | |||
| Feb 6, 2026 | Listed by Alfred Robbins Realty Group | $925,000 | |
| Listed by Alfred Robbins Realty Group | |||
| Jan 3, 2020 | No longer available | - | |
| No longer available | |||
| Nov 13, 2018 | Listed | $750,000 | |
| Listed | |||
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Location, Location. This spectacular home is the One you have been waiting for with Fabulous Lake and Golf Course views in a Gated Community. Custom Home in Every Detail. High Volume Ceilings with gorgeous woodwork. Ceramic Plank Italian Tile in Gorgeous Den. Marble Tile throughout the Rest of Home. No Carpet! Expansive Great Room, , Soaring 10ft. Slider Doors. Large Master Bedroom and Master Bath with his and hers areas. Hers features a bidet. Large Walk in Closets. Gorgeous Sunsets from your Screened Lanai. A/C is Four Zone, One Large High E., Stem Wall Construction above flood level. This Home offers just about every possible upgrade and extra. We have an Additional List with all the Fantastic Features This Exquisite Home boasts. A private community with Low HOA Fee's. Lighted Pillars as you enter driveway. Gorgeous Royal Palms line the driveway. Beautifully Landscaped and also features Outdooring Lighting at night. Eagles Lake Golf Club designed by Gordy Lewis is nestled within the community for you to enjoy. A must see to appreciate all this home features. One of a Kind!! The manager has listed the unit size as 2538 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017