1870 Danford Street
About This Property
With a sunny southern exposure, the home includes 2 bedrooms plus a den (or 3 bedrooms) and 1 bath, along with a spacious covered patio perfect for year-round relaxation or entertaining. The backyard is a private oasis featuring a beautifully landscaped pool and patio, surrounded by mature tropical trees and greenery. A spacious driveway, a recently replaced roof, and a beautiful white privacy fence add to the property's appeal.
With no HOA or fees, this property is ideal for embracing the Naples lifestyle, rebuilding, or customizing it to your vision. Conveniently located near 5th Avenue, beaches, boating spots, Bayview Park, Downtown Naples, the Botanical Gardens, fine dining, and world-class shopping, this coastal cottage offers great potential as a permanent residence, seasonal retreat, or investment opportunity.
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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 |
|---|---|---|---|
| Dec 6, 2024 | Sold | ||
| Sold | |||
| Nov 21, 2024 | In contract | - | |
| In contract | |||
| Sep 30, 2024 | Listed by Premiere Plus Realty Company | $389,000 | |
| Listed by Premiere Plus Realty Company | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017