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4253 Cutlass Lane
About This Property
this exceptional waterfront estate offers 147 feet along one of the area's deepest yacht basins, on no-wake waterfront with bay views -ideal for serious boating enthusiasts. The residence features 5 spacious bedrooms, each with its own ensuite bath, along with two additional half baths for guests. Designed for both comfort and entertaining, the home includes a private study, a dedicated media room, and expansive living spaces filled with natural light. Car collectors will appreciate the four-bay garage, thoughtfully designed with lift capabilities to maximize capacity. Owners are eligible for membership to the exclusive Port Royal Club and Cutlass Cove Beach Club, offering access to one of Naples' most private beachfront experiences. This is a unique opportunity to own a premier property combining scale, location, and deep-water access in one of Naples' most sought-after communities.
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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 18, 2026 | Price Decreased |
$32,850,000
↓ $4M
(10%) | |
| Price Decreased | |||
| Apr 23, 2026 | Listed by John R Wood Properties | $36,500,000 | |
| Listed by John R Wood Properties | |||
| Apr 14, 1995 | Sold | ||
| Sold | |||
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About Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017