21 Chateau Way
About This Property
This beautifully maintained 2 bed, 2 bath 2018 manufactured home features vaulted ceilings, a spacious open floor plan, and is built to withstand 110 mph winds and includes FULL HURRICANE ALUMINUM SHUTTERS that slip in place for all windows and doors and stored in shed for easy access and installation!
The spacious primary suite includes double sinks, a walk-in closet, a 36" doorway, and a walk-in shower. Roof and HVAC are just 6 years old, with a brand-new water heater and dishwasher.
Enjoy lush landscaping with a 4-zone sprinkler system fed by well water, and relax on the walking/biking path just behind the home-complete with benches along the way.
HOA fees are just $431/quarter and include INTERNET and tons of amenities: resort-style pool with lap lanes and jetted seating, clubhouse with events, fitness room, card room, billiards, darts, shuffleboard, tennis, and pickleball. Golf carts welcome for cruising and community parades!
All just 15 minutes from downtown Naples and white sand beaches.
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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 |
|---|---|---|---|
| Aug 25, 2025 | Sold | ||
| Sold | |||
| Jul 26, 2025 | In contract | - | |
| In contract | |||
| Jun 27, 2025 | Price Decreased |
$249,900
↓ $15K
(5.7%) | |
| Price Decreased | |||
| May 12, 2025 | Listed by eXp Realty LLC | $264,900 | |
| Listed by eXp Realty LLC | |||
| Apr 23, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
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