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18144 Royal Hammock Boulevard
About This Property
Designed with spacious living in mind, the home features volume ceilings, large windows throughout, and breathtaking long lake views from nearly every room. An added bonus is the lake bordering the right side of the property, ensuring no future neighboring home can be built there and creating an expansive, tranquil setting with additional water views.The home offers a solid foundation with a newer roof installed in 2020 and presents an excellent opportunity for cosmetic updates to make it your own. Royal Palm Golf Estates is home to an 18-hole championship golf course with optional membership, allowing residents to enjoy the golf lifestyle without mandatory fees.Conveniently located just a short drive from downtown Naples, world-class shopping and dining, and the pristine white-sand beaches of Southwest Florida, this property combines privacy, scenery, and endless potential in one of Naples' hidden gems.
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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 25, 2026 | In contract | - | |
| In contract | |||
| Aug 27, 2026 | Price Decreased |
$499,000
↓ $40K
(7.4%) | |
| Price Decreased | |||
| Aug 7, 2026 | Price Decreased |
$539,000
↓ $50K
(8.5%) | |
| Price Decreased | |||
| Jun 15, 2026 | Listed by CoastalEdge Real Estate LLC | $589,000 | |
| Listed by CoastalEdge Real Estate LLC | |||
| Jul 18, 2000 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017