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3935 24th Avenue SE
About This Property
The rustic log cabin features 1 bedroom, 1 bathroom, and a loft, providing immediate use while you envision the property's full potential. Existing improvements include a stable and horse run, adding flexibility for a variety of uses without defining the property's possibilities.
Enjoy the privacy, space, and freedom of estate living, all while being just a short drive from Naples' shopping, dining, schools, and Gulf beaches. A rare opportunity where the possibilities are as expansive as the land itself.
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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 |
|---|---|---|---|
| Sep 4, 2026 | Price Decreased |
$775,000
↓ $100K
(11.4%) | |
| Price Decreased | |||
| Aug 26, 2026 | Relisted | $875,000 | |
| Relisted | |||
| Aug 25, 2026 | In contract | - | |
| In contract | |||
| Jul 21, 2026 | Listed by Alfred Robbins Realty Group | $875,000 | |
| Listed by Alfred Robbins Realty Group | |||
| Aug 4, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017