318 Burning Tree Drive
About This Property
Inside, the thoughtful floor plan provides both formal and informal living areas, creating a seamless balance for relaxed daily living as well as more refined entertaining. The highlight of the home is the expansive outdoor patio, complete with a pool and spa overlooking the fairways. It's an ideal space to enjoy peaceful days-from morning coffee surrounded by quiet views to relaxed dinners as the sun sets.
Pride of ownership carries throughout the property, supported by a new roof, a 250-gallon underground propane tank and generator for added security and comfort. Every detail has been carefully cared for, making this a truly move-in-ready opportunity in a neighborhood where homes seldom come to market.
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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 |
|---|---|---|---|
| May 19, 2026 | Sold | ||
| Sold | |||
| Apr 23, 2026 | In contract | - | |
| In contract | |||
| Mar 15, 2026 | Relisted | $1,275,000 | |
| Relisted | |||
| Mar 2, 2026 | In contract | - | |
| In contract | |||
| Feb 21, 2026 | Listed by Serhant-Naples | $1,275,000 | |
| Listed by Serhant-Naples | |||
Property Highlights
Building Info
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Price/ft²
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About Central Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017