3587 18th Avenue SE
About This Property
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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 17, 2026 | Sold | ||
| Sold | |||
| Feb 16, 2026 | In contract | - | |
| In contract | |||
| Feb 4, 2026 | Price Decreased |
$514,000
↓ $1K
(0.2%) | |
| Price Decreased | |||
| Dec 6, 2025 | Listed | $515,000 | |
| Listed | |||
| | |||
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** READY TO MOVE IN NOW ** This stunning 3-bedroom + den new construction home sits on an oversized 1.59-acre lot, offering endless possibilities—add a pool, bring your pets and toys, or build a future guest house since the property meets county requirements. From the moment you enter through the tall French doors, you’ll notice the bright, open layout and exceptional attention to detail: elegant tile flooring throughout, soaring tray ceilings, beautiful crown molding in the main living areas and primary suite, 8-ft doors, and an airy living room that fills the home with natural light. The modern chef-inspired kitchen features 42" custom light-colored cabinetry, quartz countertops, a stunning waterfall island, and a stylish backsplash. The bathrooms elevate the home’s contemporary feel with over-the-counter vessel sinks and sleek waterfall faucets. Nestled in the rapidly growing Golden Gate Estates, this property offers privacy while being just minutes from shops, supermarkets, and top-rated Naples schools—making it not only a beautiful home but also an incredible long-term investment for your family!
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| Nov 17, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017