3589 Periwinkle Way
About This Property
Forest Glen Golf & Country Club provides an extensive range of amenities, including a recently renovated 18-hole championship golf course with practice facilities, clubhouse, fitness center, indoor and outdoor dining venues, resort-style pools, spa, sauna, tennis, pickleball, bocce courts, and scenic walking trails. Conveniently located in Naples with close proximity to I-75, Gulf beaches, shopping, dining, multiple airports, and the Paradise Sports Complex.
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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 4, 2026 | Sold | ||
| Sold | |||
| Feb 3, 2026 | In contract | - | |
| In contract | |||
| Jan 31, 2026 | Listed by Coldwell Banker Realty | $575,000 | |
| Listed by Coldwell Banker Realty | |||
| Jan 1, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Dec 31, 2025 | Withdrawn | - | |
| Withdrawn | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017