48
Map
2440 River Reach Drive
About This Property
With a new roof in 2021, a new AC in 2026 and great curb appeal, the home makes an immediate impression. The southern exposure fills the home and backyard with natural light throughout the day/year and enhances the outdoor living experience. An extended enclosed back patio overlooks a generous, fully fenced yard, making it ideal for pets, kids, or simply enjoying private outdoor living.
Inside, the layout offers three bedrooms and two separate living areas, providing flexibility for entertaining, working from home, or everyday comfort. The garage is equipped with a mini-split A/C, perfect for a home gym, cherished car, workshop, extra storage comfort, or hobby space.
The home has been thoughtfully cared for and is move-in ready, while still offering the opportunity to add your own personal touches without feeling guilty about renovations. Kevlar-style hurricane protection available on some windows adds an extra layer of peace of mind. The association fees are exceptionally low (that isn't a typo), and the location truly sets this home apart - Location is another major highlight. This home also offers a wonderfully central Naples address - approximately 4 miles to the restaurants, shopping, and energy of Fifth Avenue South, about 4.6 miles to Naples' beautiful Gulf beaches by car (3 miles by bike), 2 miles to Baker Park, 5 miles to the Naples Botanical Garden, and less than 3 miles to the Naples Zoo. You're also conveniently close to top-rated schools, everyday shopping, and dining.
Residents also have the option to join Coconut River Estates for $450/yr, for access to a wide range of amenities including a community boat ramp, heated pool, pickleball and tennis courts, shuffleboard, playground, dog park, nature trails, and additional access to the Gordon River Greenway, along with a calendar of social events.
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 |
|---|---|---|---|
| Jun 11, 2026 | Sold | ||
| Sold | |||
| May 8, 2026 | In contract | - | |
| In contract | |||
| Mar 13, 2026 | Price Decreased |
$579,900
↓ $20K
(3.3%) | |
| Price Decreased | |||
| Feb 1, 2026 | Listed by Alfred Robbins Realty Group | $599,900 | |
| Listed by Alfred Robbins Realty Group | |||
| Jan 1, 2026 | No longer available | - | |
| No longer available | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017