239 Channel Drive
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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%.
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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.
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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 |
|---|---|---|---|
| Jan 12, 2026 | Sold | ||
| Sold | |||
| Dec 20, 2025 | In contract | - | |
| In contract | |||
| Dec 1, 2025 | Listed by Shawn Stuben Naples Properties | $4,595,000 | |
| Listed by Shawn Stuben Naples Properties | |||
| Jun 1, 2025 | No longer available | - | |
| No longer available | |||
| Jan 30, 2025 | Listed by Shawn Stuben Naples Properties | $4,995,000 | |
| Listed by Shawn Stuben Naples Properties | |||
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A rare gem in Naples, this 5-bedroom, 4 full-Bath / 1 half-bath estate offers the best of both worlds: direct Gulf access with a 27,000-pound boat lift right out your back door and exclusive Vanderbilt Beach private residents' beach access just across Gulf Shore Drive. Nestled in an exclusive enclave of only three peninsula streets that uniquely combine direct beach and boat access, opportunities like this—a boater’s dream and beach lover’s paradise—are truly rare.
Spanning 4,050 sq. ft. of living space (5,340 total), the home features two spacious primary suites (one on each floor), an open-concept kitchen, a formal dining area, soaring ceilings, a home office, and a versatile 'bunk room.' Outside, enjoy the ultimate Florida lifestyle with a luxurious pool and spa, along with a dock and lift that make getting out on the water effortless. The proximity to upscale dining, shopping, and art galleries puts the Naples lifestyle right at your fingertips.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017