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2385 Sunset Avenue
About This Property
A rare, fully permitted detached 2-car garage offers exceptional flexibility for extra storage, a workshop, or space for your hobbies, while the oversized driveway provides room to keep your boat right at home (boats allowed in the driveway). The fence was installed at a 1ft setback from the property line. The seller has a survey available.
The real showstopper is the location. You're just steps from a public boat ramp, the lush Naples Botanical Garden, and the East Naples Community Park, home of the US Open Pickleball Championships. Settle into the vibrant Bayshore Arts District and enjoy the best of Naples living, with dining, shopping, art galleries, and pristine Gulf beaches all just minutes away.
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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 |
|---|---|---|---|
| Sep 25, 2026 | Price Decreased |
$450,000
↓ $25K
(5.3%) | |
| Price Decreased | |||
| Jul 13, 2026 | Listed by Compass Florida LLC | $475,000 | |
| Listed by Compass Florida LLC | |||
| Nov 14, 2005 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017