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3987 20th Avenue SE
About This Property
Discover the perfect canvas for your dream home on this lush and private 2.73-acre residential lot in Golden Gate Estates, Naples. An environmental report has already been completed, revealing an impressive 2.47 acres of upland-providing ample space and peace of mind to begin building right away. This unique property offers the rare opportunity to construct up to two homes, making it ideal for a family compound or multi-generational living.
Surrounded by natural beauty and offering exceptional seclusion, this lot is perfect for those seeking a tranquil Florida lifestyle. With no HOA restrictions, you'll enjoy the freedom to bring horses and other animals, design your ideal estate, and truly make the property your own. Whether you're envisioning a luxury retreat or a spacious homestead, this property delivers endless potential in a highly desirable location.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 13, 2026 | Sold | ||
| Sold | |||
| Jul 8, 2026 | In contract | - | |
| In contract | |||
| Jun 29, 2026 | Price Decreased |
$149,999
↓ $15K
(9.1%) | |
| Price Decreased | |||
| May 26, 2026 | Price Increased |
$165,000
↑ $15K
(10%) | |
| Price Increased | |||
| May 5, 2026 | Price Decreased |
$149,999
↓ $10K
(6.3%) | |
| Price Decreased | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017