311 Neapolitan Way
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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%.
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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.
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 |
|---|---|---|---|
| Mar 22, 2026 | No longer available | - | |
| No longer available | |||
| Jun 23, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Mar 21, 2025 | Listed by William Raveis Real Estate | $8,695,000 | |
| Listed by William Raveis Real Estate | |||
| Apr 1, 2022 | No longer available | - | |
| No longer available | |||
| Mar 18, 2022 | Listed by William Raveis Real Estate | $10,900,000 | |
| Listed by William Raveis Real Estate | |||
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Upon entering this spectacular home, you will be captivated by the stunning straight though views of Venetian Bay and Florida nature at its finest. Then at the day's end, you will enjoy some of the most dramatic and colorful sunsets found anywhere in Naples. As one of the most coveted waterfront locations in all of Park Shore, this home captures both long and wide western bay views on the prestigious Neapolitan Way, tucked away from busy Crayton Road yet only minutes to fine shopping, dining, and entertainment by car or boat. This home was masterfully renovated in 2017, the waterfront was expanded with nearly 100 feet of maintenance-free decking, and a 48-foot walk-around slip with a 16,000 lb lift for the serious boater. The first floor has the master bedroom with redesigned bath, adjacent office, and a very private guest suite enjoying wide bay views. The second floor has guest room three with an open balcony to enjoy spectacular sunsets and for the non-sun worshipers, guest room four is light and bright with the cool morning sun. The oversized 2 car garage is expandable. Park Shore residents have private beach access on Park Shore Beach. The manager has listed the unit size as 4067 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017