3167 Pacific Drive
About This Property
Recent updates include stunning new flooring throughout, freshly painted interiors, freshly painted cabinets, brand-new countertops and backsplash, and new fixtures creating a modern and inviting atmosphere. The heart of the home is designed for both comfort and style, making it perfect for entertaining and everyday living.
Step outside to your private oasis, complete with a sparkling Saltwater pool and spa surrounded by lush landscaping. The expansive backyard offers plenty of room for outdoor activities and relaxation, making it ideal for hosting gatherings or simply enjoying the serene setting.
Riverstone is renowned for its resort-style amenities, including a clubhouse, fitness center, tennis courts, and more. Conveniently located near top-rated schools, shopping, dining, and Naples' pristine beaches, this home combines elegance, convenience, and the ultimate in Southwest Florida lifestyle.
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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 |
|---|---|---|---|
| Jul 3, 2025 | Sold | ||
| Sold | |||
| Jun 7, 2025 | In contract | - | |
| In contract | |||
| Apr 25, 2025 | Price Decreased |
$965,000
↓ $20K
(2%) | |
| Price Decreased | |||
| Mar 22, 2025 | Price Decreased |
$985,000
↓ $64K
(6.1%) | |
| Price Decreased | |||
| Feb 23, 2025 | Price Decreased |
$1,049,000
↓ $100K
(8.7%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017