181 Heather Grove Lane
About This Property
READY FOR YOUR UPDATES AND PERSONAL TOUCHES. This home features a spacious floor plan with a large, open kitchen with a convenient pass-through to the Florida room. Enjoy both formal dining and living areas, along with a cozy breakfast nook that opens to a generous family room. The split-bedroom layout includes walk-in closets for added convenience. Step outside to a huge pool area with an elegant paver deck, perfect for relaxing or entertaining. The expansive, private yard offers plenty of space to enjoy. Located in a prime area near shopping, entertainment, parks, the beach, and more!
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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 |
|---|---|---|---|
| Apr 30, 2025 | Sold | ||
| Sold | |||
| Mar 30, 2025 | In contract | - | |
| In contract | |||
| Mar 26, 2025 | Relisted | $475,000 | |
| Relisted | |||
| Mar 13, 2025 | In contract | - | |
| In contract | |||
| Feb 25, 2025 | Relisted | $475,000 | |
| Relisted | |||
Property Highlights
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About South Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017