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480 Oak Avenue
About This Property
This 4-bedroom, 3-bathroom home features generous living spaces, a two-car garage, and a seamless indoor-outdoor design ideal for entertaining. The backyard is a private tropical retreat complete with a pool, waterfront patio, and boat dock, creating the perfect setting for relaxing after a day on the water.
Located just minutes from the pristine beaches of Vanderbilt Beach and the upscale shopping, dining, and nightlife of Mercato, this property offers unmatched convenience in one of the most desirable areas of Naples.
Whether you are seeking an exceptional primary residence, a seasonal coastal retreat, or a high-performing short-term rental investment, 480 Oak Avenue represents an exceptional opportunity to own waterfront property in one of Naples' most sought-after locations.
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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 |
|---|---|---|---|
| Oct 30, 2026 | Sold | ||
| Sold | |||
| Sep 29, 2026 | In contract | - | |
| In contract | |||
| Apr 4, 2026 | Price Decreased |
$2,299,000
↓ $200K
(8%) | |
| Price Decreased | |||
| Mar 14, 2026 | Listed by Real Broker, LLC | $2,499,000 | |
| Listed by Real Broker, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017