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4395 Raffia Palm Circle
About This Property
Mosaic tile backsplash, and stainless steel appliances. Sliding glass doors open the evening to a screened lanai with a freeform pool and a south-facing preserve view, along with a custom, covered summer kitchen equipped with a built-in grill, made for entertaining dinners under the cooling ceiling fan with the pool & private tropical view. The primary suite is a quiet retreat with a recessed ceiling, a dual sink vanity with custom tile border accent, and a glass-enclosed shower wrapped in tile. Two guest bedrooms share a granite-topped bath, and the fourth bedroom works beautifully as a home office, with a sizable closet that lets it become a guest room, studio, or fitness space. Impact windows throughout and a 2022 generator with a 500 gallon buried propane tank bring calm to every season, and the attached two-car garage offers plenty of room for vehicles and storage. For those with bigger dreams, the laundry room offers potential for a third full bath, and the lanai could be extended toward the backyard for more room to entertain. Beyond your door, gated Raffia Preserve offers a resort pool with water features, a lap pool, a clubhouse, a fitness center, a basketball court, and a playground, with no golf membership required. Set just south of Immokalee Road in North Naples, the community keeps shopping, dining, and the Gulf beaches within easy reach. A hidden gem boutique enclave - walking distance to shopping, dining & the newest Mason Classical Academy K-8 as an added convenience.
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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.
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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 |
|---|---|---|---|
| Nov 4, 2026 | Price Decreased |
$838,000
↓ $41K
(4.7%) | |
| Price Decreased | |||
| Oct 18, 2026 | Listed by Marzucco Real Estate | $879,000 | |
| Listed by Marzucco Real Estate | |||
| Sep 21, 2015 | Sold | ||
| Sold | |||
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About Urban Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017