218 Marseille Drive
About This Property
With 1,419 square feet under air and vaulted ceilings, the home feels open and spacious, making it ideal for everyday living and entertaining. The kitchen features granite countertops, stainless steel appliances, and updated fixtures. Tile flooring runs through the main living areas, while Dream Weaver carpet adds comfort in the bedrooms.
Major updates include a new roof and new HVAC system installed within the past year, offering peace of mind for years to come. Impact shutters are installed on all windows and doors. A private well for lawn irrigation helps keep water costs low.
There is nothing to update or purchase. Simply bring your swimsuit, golf clubs, and pickleball paddle and start enjoying the Naples lifestyle.
Riviera Golf Estates is a vibrant and very active 55+ community offering a heated community pool, tennis courts, pickleball, and an exercise room, along with a full calendar of social activities for residents. The community is conveniently located close to downtown Naples, beaches, shopping, and fine dining.
Best of all, the HOA fees are among the lowest in town and include basic cable. If you are looking for easy, low maintenance living that is ready from day one, this home checks all the boxes.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| May 14, 2026 | Sold | ||
| Sold | |||
| Apr 22, 2026 | In contract | - | |
| In contract | |||
| Apr 15, 2026 | Price Decreased |
$420,000
↓ $29K
(6.5%) | |
| Price Decreased | |||
| Jan 31, 2026 | Price Decreased |
$449,000
↓ $20K
(4.3%) | |
| Price Decreased | |||
| Jan 6, 2026 | Listed by RE/MAX Hallmark Realty | $469,000 | |
| Listed by RE/MAX Hallmark Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017