$825,000
●
House -
Off Market
2128 Grove Drive
NAPLES, FL 34120
3 Beds
3 Baths,
1
Half Bath
2,742 Ft²
$5,009
Est. Monthly
$160
HOA / Fees
5.17%
Cap Rate
About This Property
This inviting home boasts a spacious, open floor plan that's
perfect for entertaining. Windows are strategically placed on the
western wall, offering captivating views of the lake and
breathtaking sunsets from the main bedroom, as well as the living
room, kitchen, and dining areas. This design maximizes sun
exposure, facilitating efficient electricity production. In the
evenings, the propane-powered glass fire pit on the brick patio
becomes a cozy spot to enjoy the stunning sunset views. This
elegant home is highly efficient and cost-effective. The home is
outfitted with two Tesla Power Wall units, which provide between
18-24 hours of backup power and can be recharged using solar
energy. These units are seamlessly integrated with the solar panels
for optimal performance.This home comes with a transferrable
10-year warranty (remainder). There is a dedicated HVAC unit for
the garage, and a whole-house water filtration system equipped with
long-life filter canisters.
Low HOA fees. Over 90K of upgrades have been added to the home post new construction purchase.
Low HOA fees. Over 90K of upgrades have been added to the home post new construction purchase.
Unit Size
2,742 Ft²
Days on Market
243 days
Land Size
0.31 acres
Price per sqft
$310
Property Type
House
Property Taxes
$675
HOA Dues
$160
Year Built
2021
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 years ago (SWFLMLS #224006052)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 20, 2024 | Sold | ||
| Sold | |||
| Jul 30, 2024 | In contract | - | |
| In contract | |||
| Mar 16, 2024 | No longer available | - | |
| No longer available | |||
| Feb 10, 2024 | Price Decreased |
$974,900
↓ $25K
(2.5%) | |
| Price Decreased | |||
| Jan 21, 2024 | Listed by William Raveis Real Estate | $999,900 | |
| Listed by William Raveis Real Estate | |||
| | |||
|
This inviting home boasts a spacious, open floor plan that’s perfect for entertaining. Windows are strategically placed on the western wall, offering captivating views of the lake and breathtaking sunsets from the main bedroom, as well as the living room, kitchen, and dining areas. This design maximizes sun exposure, facilitating efficient electricity production. In the evenings, the propane-powered glass fire pit on the brick patio becomes a cozy spot to enjoy the stunning sunset views. This elegant home is highly efficient and cost-effective. The home is outfitted with two Tesla Power Wall units, which provide between 18-24 hours of backup power and can be recharged using solar energy. These units are seamlessly integrated with the solar panels for optimal performance.This home comes with a transferrable 10-year warranty (remainder). There is a dedicated HVAC unit for the garage, and a whole-house water filtration system equipped with long-life filter canisters.
Low HOA fees. The manager has listed the unit size as 2742 square feet.
| |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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HOA + Taxes
About Rural Estates
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Listed by: Chris Evensen, PA, RE/Max Affinity Plus Naples
Last Updated: 3 years ago
Data Source: SWFLMLS, MLS# 224006052
Last Updated: 3 years ago
Data Source: SWFLMLS, MLS# 224006052
The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2026 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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