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18198 Royal Hammock Boulevard
About This Property
This beautifully designed 4-bedroom, 3-bath residence showcases tranquil lake views and refined coastal elegance throughout. From the moment you step into the light-filled foyer, the open-concept layout feels both inviting and thoughtfully designed. Elevated finishes include 8-inch nickel gap paneling, custom LED lighting, and wood plantation shutters that add warmth and character to every room.
The chef's kitchen is a true centerpiece, featuring floor-to-ceiling custom cabinetry with pull-out wood drawers, a built-in pantry, and a striking Bentley quartz island. A dedicated beverage bar with a double-drawer beverage center and a custom dining area make this space ideal for hosting and everyday living. A private den with a sleek glass entry door offers flexibility for a home office or additional lounge space.
The primary suite provides a relaxing retreat with two closets, including a walk-in outfitted with custom wood cabinetry and inserts. The spa-inspired bath features dual vanities and a spacious walk-in shower designed for comfort and style.
Additional highlights include an air-conditioned two-car garage, hurricane-impact windows and doors, and elegant tile flooring throughout. Custom floating shelving adds a modern touch in the family room and primary suite, while solid-core doors with designer hardware reflect the home's attention to detail.
Step outside to the screened lanai and take in peaceful lake views as you enjoy your morning coffee. The newly added pool, complete with a paver deck and fencing, creates a private backyard retreat perfect for relaxing in the sun or entertaining guests.
Ideally located just minutes from downtown Naples, beautiful Gulf beaches, and exceptional dining and shopping, this home offers a seamless blend of tranquility and convenience. This is an exceptional opportunity to experience the very best of Southwest Florida living.
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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 | In contract | - | |
| In contract | |||
| Jun 6, 2026 | Price Decreased |
$740,000
↓ $40K
(5.1%) | |
| Price Decreased | |||
| May 20, 2026 | Price Decreased |
$780,000
↓ $15K
(1.9%) | |
| Price Decreased | |||
| Mar 24, 2026 | Price Decreased |
$795,000
↓ $54K
(6.4%) | |
| Price Decreased | |||
| Mar 24, 2026 | Relisted | $849,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017