231 Colonade Circle #2203
About This Property
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 |
|---|---|---|---|
| Nov 1, 2026 | Price Decreased |
$2,195,000
↓ $105K
(4.6%) | |
| Price Decreased | |||
| Oct 7, 2026 | Listed by John R Wood Properties | $2,300,000 | |
| Listed by John R Wood Properties | |||
| |||
|
Sophisticated design, exceptional craftsmanship and an enviable Park Shore lifestyle come together in this extraordinary residence at Colonade, an intimate gated enclave ideally positioned within walking distance of the private Park Shore Beach Park and the boutiques and waterfront dining of Venetian Village.
Encompassing more than 2,900 square feet, this beautifully furnished second-floor residence has been completely transformed into a refined contemporary retreat. A private elevator and private one-car garage provide the convenience of single-family living, while a meticulously redesigned open floor plan creates an impressive sense of scale, light and effortless flow. Three bedrooms, 2.5 baths and a separate sunroom/den offer generous accommodations for owners and guests, surrounded by new hurricane-impact windows that fill the interiors with natural light.
Every element of the renovation reflects an uncompromising attention to quality. Rich Legno Bastone wood flooring provides warmth and continuity throughout the living spaces, complemented by a new air-conditioning system and ductwork with sleek linear diffusers. At the heart of the residence, the striking Italian-designed kitchen is both architectural and functional, showcasing custom cabinetry, dual islands with exquisite quartzite surfaces and an impressive collection of Thermador appliances, including a built-in refrigerator and double oven/microwave.
For entertaining, a dramatic glass-enclosed, temperature-controlled walk-in wine room accommodates approximately 266 bottles, creating a sophisticated focal point within the open living environment.
The primary and guest baths have been thoughtfully reimagined with a distinctly luxurious aesthetic, featuring marble flooring, marble-clad showers and custom cabinetry. Carefully selected furnishings complement the residence’s clean architectural lines and elevated finishes, creating an atmosphere that is polished yet exceptionally comfortable.
Colonade offers a private, beautifully maintained setting with a heated pool and spa, newly renovated clubhouse, fitness room and poolside grilling areas. The community is also pet-friendly, allowing two dogs up to 40 pounds each.
Perhaps most compelling is the location. From your front door, enjoy a leisurely stroll to the residents-only Park Shore Beach Park or continue to Venetian Village for waterfront dining, upscale boutiques and everyday conveniences. Combining a comprehensive luxury renovation with remarkable space, privacy and one of Park Shore’s most desirable walkable locations, this exceptional residence offers an effortless Naples lifestyle just moments from the Gulf.
| |||
| Jul 31, 2025 | No longer available | - | |
| No longer available | |||
| Jun 2, 2025 | Price Decreased |
$2,349,000
↓ $50K
(2.1%) | |
| Price Decreased | |||
| Dec 11, 2024 | Listed by William Raveis Real Estate | $2,399,000 | |
| Listed by William Raveis Real Estate | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/11/2025
| |
3 Bed
|
2 Bath
|
2915 ft²
|
$2,349,000
3 Bed
2 Bath
2915 ft²
|
$2,300,000
-2.09%
01/27/2026
|
Monika Korencsik
Douglas Elliman Florida,LLC
|
|
12/11/2024
|
3 Bed
|
2 Bath
|
2915 ft²
|
$2,399,000
3 Bed
2 Bath
2915 ft²
|
-
-
|
Monika Korencsik
Douglas Elliman Florida,LLC
| |
|
10/09/2019
| |
3 Bed
|
3 Bath
|
2744 ft²
|
$799,900
3 Bed
3 Bath
2744 ft²
|
$705,000
-11.86%
06/18/2020
|
Dede Kriegbaum
|
|
08/01/2018
| |
3 Bed
|
3 Bath
|
2744 ft²
|
$875,000
3 Bed
3 Bath
2744 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017