3111 Everglades Boulevard N
About This Property
The modern bathrooms are enhanced with upscale finishes, including glass doors on the showers, while the primary suite offers a spa-like retreat complete with double sinks for added convenience. All of this sits on an impressive 1.59-acre lot, fully paved and ready for trucks, positioned on a prime corner lot with two separate driveways: one leading to the main residence and another to the rear yard, providing outstanding versatility.
Beyond its impeccable design, the property enjoys a strategic location in a fast-growing area, with immediate access to supermarkets, shopping, and services. This home is an exceptional opportunity for those looking to live or invest in a property that combines long-term value, modern luxury, and the unmatched lifestyle Naples is known for.
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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 |
|---|---|---|---|
| Mar 28, 2026 | No longer available | - | |
| No longer available | |||
| Dec 1, 2025 | Price Decreased |
$625,000
↓ $25K
(3.9%) | |
| Price Decreased | |||
| Oct 16, 2025 | Price Decreased |
$650,000
↓ $25K
(3.7%) | |
| Price Decreased | |||
| Oct 8, 2025 | Relisted | $675,000 | |
| Relisted | |||
| Sep 9, 2025 | Withdrawn | - | |
| Withdrawn | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017