3150 Binnacle DR #318
About This Property
The manager has listed the unit size as 1000 square feet.
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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 |
|---|---|---|---|
| Aug 19, 2026 | Price Decreased |
$318,000
↓ $7K
(2.2%) | |
| Price Decreased | |||
| Jun 19, 2026 | Price Decreased |
$325,000
↓ $5K
(1.5%) | |
| Price Decreased | |||
| Jun 4, 2026 | Price Decreased |
$330,000
↓ $9K
(2.7%) | |
| Price Decreased | |||
| May 21, 2026 | Price Decreased |
$339,000
↓ $11K
(3.1%) | |
| Price Decreased | |||
| Apr 24, 2026 | Listed | $350,000 | |
| Listed | |||
| |||
|
WEST OF US-41 IN THE MOORINGS—WHERE LOCATION MEETS THE NAPLES LIFESTYLE! Welcome to Riviera Club, a beautifully maintained 55+ community ideally positioned in one of Naples' most coveted neighborhoods. This updated third-floor residence offers 2 bedrooms, 2 bathrooms, approximately 1,000 Sq. Ft of living space, and a WEST-FACING screened balcony—all just minutes from the Gulf and the very best of Naples.
Arrive by elevator or stairwell and step inside a bright, welcoming residence designed for comfortable Florida living. The updated kitchen features granite countertops, stainless steel appliances, generous cabinetry, and plentiful counter space. The floor plan flows naturally into the dining and living areas, creating an inviting setting for everyday living and entertaining.
Just beyond the living area, sliding doors lead to the WEST-FACING screened balcony, one of the home's standout features. Surrounded by lush landscaping and elevated third-floor views, it's the perfect place for morning coffee, an evening cocktail, or simply relaxing while enjoying Naples' beautiful sunsets.
The spacious primary bedroom features private balcony access, abundant natural light, and a bath with vanity and walk-in shower. The guest bedroom and second full bath provide a comfortable and private space for visiting family and friends. Additional conveniences include a washer in residence, assigned parking, guest parking, elevator access, and a trash chute located on your floor.
Riviera Club residents enjoy a community pool overlooking the lake, clubroom, and a charming pier and cabana offering another peaceful place to enjoy the Florida outdoors.
BEST OF ALL IS THE LOCATION! Living WEST OF 41 in The Moorings places you minutes from Naples' white-sand beaches, Downtown Naples, iconic 5th Avenue South, Venetian Village, Waterside Shops, Coastland Center, restaurants, shopping, entertainment, and everyday conveniences. Spend the morning near the Gulf, shop or dine during the afternoon, and enjoy an evening on 5th Avenue—all within easy reach of home.
Whether you're searching for a full-time residence or seasonal Naples retreat, this updated condo combines LOCATION, CONVENIENCE, COMMUNITY, and LIFESTYLE in one exceptional package. This is the Naples lifestyle you've been waiting for!
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/18/2026
|
2 Bed
|
2 Bath
|
1000 ft²
|
$295,000
2 Bed
2 Bath
1000 ft²
|
$198,000
-32.88%
07/14/2026
|
Josh Emberg
Amerivest Realty
| |
|
11/12/2025
|
2 Bed
|
2 Bath
|
1000 ft²
|
$315,000
2 Bed
2 Bath
1000 ft²
|
$220,000
-30.16%
09/17/2026
|
Annie Hagstrom
John R Wood Properties
| |
|
10/30/2025
|
2 Bed
|
2 Bath
|
1000 ft²
|
$350,000
2 Bed
2 Bath
1000 ft²
|
$270,000
-22.86%
06/12/2026
|
Michelle Lauzier
Douglas Elliman Florida,LLC
| |
|
02/17/2025
|
2 Bed
|
2 Bath
|
1000 ft²
|
$430,000
2 Bed
2 Bath
1000 ft²
|
-
-
|
Diana Marcela Villarreal
Xclusive Homes LLC
| |
|
01/17/2025
|
2 Bed
|
2 Bath
|
1000 ft²
|
$435,000
2 Bed
2 Bath
1000 ft²
|
-
-
|
Jo Mangieri
Coldwell Banker Realty
| |
|
10/06/2024
|
2 Bed
|
2 Bath
|
1000 ft²
|
$450,000
2 Bed
2 Bath
1000 ft²
|
-
-
|
Diana Marcela Villarreal
Xclusive Homes LLC
| |
|
05/24/2024
|
2 Bed
|
2 Bath
|
1000 ft²
|
$424,900
2 Bed
2 Bath
1000 ft²
|
-
-
|
Ellen Boyce
Keller Williams Elite Realty
| |
|
02/26/2024
|
2 Bed
|
2 Bath
|
1000 ft²
|
$524,900
2 Bed
2 Bath
1000 ft²
|
-
-
|
christina Burghart Forst
EXP Realty LLC
| |
|
01/03/2024
|
2 Bed
|
2 Bath
|
1000 ft²
|
$595,000
2 Bed
2 Bath
1000 ft²
|
-
-
|
Michelle A Lauzier
Douglas Elliman Florida,LLC
| |
|
11/20/2023
|
2 Bed
|
2 Bath
|
1000 ft²
|
$439,000
2 Bed
2 Bath
1000 ft²
|
-
-
|
Mary Bove
Premiere Plus Realty Company
| |
|
10/23/2023
|
2 Bed
|
2 Bath
|
1000 ft²
|
$449,500
2 Bed
2 Bath
1000 ft²
|
$300,000
-33.26%
11/12/2025
|
Susy Gurevich
Downing Frye Realty Inc.
| |
|
09/30/2023
|
2 Bed
|
2 Bath
|
1000 ft²
|
$450,000
2 Bed
2 Bath
1000 ft²
|
-
-
|
Charlie Wallen
Naples Flat Fee Realty LLC
| |
|
11/28/2022
|
2 Bed
|
2 Bath
|
1000 ft²
|
$480,000
2 Bed
2 Bath
1000 ft²
|
-
-
|
Debbie Pappas-Burback, PA
Compass Florida LLC
| |
|
05/31/2022
|
2 Bed
|
2 Bath
|
1000 ft²
|
$580,000
2 Bed
2 Bath
1000 ft²
|
-
-
|
Jeffrey L Edmunds
Downing Frye Realty Inc.
| |
|
07/20/2022
|
2 Bed
|
2 Bath
|
1000 ft²
|
$639,000
2 Bed
2 Bath
1000 ft²
|
-
-
|
Janet Marinis
John R Wood Properties
| |
|
12/14/2020
|
2 Bed
|
2 Bath
|
1000 ft²
|
$329,900
2 Bed
2 Bath
1000 ft²
|
-
-
|
-
| |
|
03/26/2021
|
2 Bed
|
2 Bath
|
1000 ft²
|
$359,900
2 Bed
2 Bath
1000 ft²
|
-
-
|
Darlene Sanders
Premiere Plus Realty Co.
| |
|
03/02/2021
|
2 Bed
|
2 Bath
|
1000 ft²
|
$339,900
2 Bed
2 Bath
1000 ft²
|
-
-
|
-
| |
|
02/16/2021
|
2 Bed
|
2 Bath
|
1000 ft²
|
$375,000
2 Bed
2 Bath
1000 ft²
|
-
-
|
-
| |
|
11/07/2019
|
2 Bed
|
2 Bath
|
1000 ft²
|
$254,500
2 Bed
2 Bath
1000 ft²
|
-
-
|
-
| |
|
07/11/2019
|
2 Bed
|
2 Bath
|
1000 ft²
|
$259,000
2 Bed
2 Bath
1000 ft²
|
-
-
|
-
| |
|
04/23/2019
|
2 Bed
|
2 Bath
|
1000 ft²
|
$324,900
2 Bed
2 Bath
1000 ft²
|
-
-
|
-
| |
|
05/30/2018
|
2 Bed
|
2 Bath
|
1000 ft²
|
-
2 Bed
2 Bath
1000 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017