394 Emerald Bay Circle #F1
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%.
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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 |
|---|---|---|---|
| Dec 4, 2025 | Sold | ||
| Sold | |||
| Nov 12, 2025 | In contract | - | |
| In contract | |||
| Oct 22, 2025 | Listed by Premier Sotheby's Int'l Realty | $327,500 | |
| Listed by Premier Sotheby's Int'l Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/22/2025
|
2 Bed
|
2 Bath
|
1350 ft²
|
$327,500
2 Bed
2 Bath
1350 ft²
|
$315,000
-3.82%
12/04/2025
|
Ryan Batey
Premier Sotheby's Int'l Realty
| |
|
01/02/2021
|
3 Bed
|
2 Bath
|
1490 ft²
|
$319,000
3 Bed
2 Bath
1490 ft²
|
-
-
|
-
| |
|
09/12/2019
|
3 Bed
|
2 Bath
|
1490 ft²
|
$289,000
3 Bed
2 Bath
1490 ft²
|
-
-
|
-
|
Building Info
About North Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017