239 Broad Avenue S
About This Property
Outside, unwind in your private retreat-a saltwater pool with a serene waterfall, surrounded by a lush living wall. The property also features a 3 car garage with an added space for a golf cart and alley access for convenience and guest parking. Fully updated with a new foundation, impact windows, a second floor creating expanded living areas. This home is the perfect blend of timeless elegance and modern comfort. Watch our lifestyle video to explore this exceptional residence and its breathtaking surroundings! Originally constructed in 1940, this home has undergone a comprehensive renovation and received its Certificate of Occupancy in 2024. The home has remained dry thru Hurricane Ian and any storm thereafter . Water never reached the first floor or the pool deck.
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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 |
|---|---|---|---|
| May 21, 2025 | Sold | ||
| Sold | |||
| Feb 26, 2025 | In contract | - | |
| In contract | |||
| Jan 18, 2025 | Price Decreased |
$12,990,000
↓ $505K
(3.7%) | |
| Price Decreased | |||
| Jan 6, 2024 | Listed by Premiere Plus Realty Company | $13,495,000 | |
| Listed by Premiere Plus Realty Company | |||
| May 3, 2021 | Sold | ||
| Sold | |||
Property Highlights
Building Info
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Price/ft²
Listed On
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About Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017