4 Colonial Drive
About This Property
Inside, the home has been extensively refreshed with modern finishes and key system improvements, creating a clean, cohesive feel throughout. The updated kitchen blends style and function with refreshed cabinetry, updated countertops, and stainless steel appliances, while beautiful wood-style luxury vinyl plank flooring flows seamlessly through the living spaces.
The bathrooms have undergone thoughtfully renovated, creating a cohesive, updated feel throughout the home. The primary bath offers a comfortable, modern retreat with refreshed finishes, while the secondary baths have been tastefully updated to match - providing consistency, functionality, and a clean, contemporary look for both everyday living and guests.
Outdoor living shines just as brightly. The private pool with waterfall feature has been refreshed, structural improvements have been completed, and curb appeal has been enhanced with a new front door. Additional behind-the-scenes updates, including a newer water heater, contribute to the home's turnkey appeal and long-term peace of mind.
The flexible floor plan includes a separate den ideal for a home office, guest space, or creative studio. No rental restrictions provide exceptional versatility - perfect for full-time residents, seasonal owners, or investors seeking short- or long-term rental opportunities.
Located directly across from the Naples Botanical Garden, just minutes from the public boat launch, and a short bike ride to local restaurants, art galleries, wine bars, and breweries, this home places you at the center of one of Naples' most exciting growth corridors. Sugden Park, the World Pickleball Center, and downtown Naples are all within easy reach.
Opportunities like this - oversized lot, extensive updates, prime Bayshore location, and rental flexibility - are increasingly rare. Casa Botanica offers not just a home, but a lifestyle and a smart long-term investment in one of Naples' most dynamic neighborhoods.
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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 |
|---|---|---|---|
| Apr 1, 2026 | Sold | ||
| Sold | |||
| Mar 4, 2026 | In contract | - | |
| In contract | |||
| Feb 20, 2026 | Price Decreased |
$769,000
↓ $30K
(3.8%) | |
| Price Decreased | |||
| Jan 23, 2026 | Listed by Alfred Robbins Realty Group | $799,000 | |
| Listed by Alfred Robbins Realty Group | |||
| Jun 1, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017