5 Rivard Road #22
About This Property
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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 |
|---|---|---|---|
| May 22, 2026 | Sold | ||
| Sold | |||
| Apr 19, 2026 | In contract | - | |
| In contract | |||
| Mar 26, 2026 | Price Decreased |
$329,000
↓ $40K
(10.8%) | |
| Price Decreased | |||
| Jan 29, 2026 | Price Decreased |
$369,000
↓ $30K
(7.5%) | |
| Price Decreased | |||
| May 5, 2025 | Listed by Premiere Plus Realty Company | $399,000 | |
| Listed by Premiere Plus Realty Company | |||
| | |||
|
MAJOR PRICE REDUCTION, GREAT INVESTMENT OPPORTUNITY!
This lovely, COMPLETELY remodeled home is only 1 mile to 5th Avenue and Naples gorgeous Gulf beaches! The quaint neighborhood of Rivard Villas boasts a quiet enclave of only 20, well-maintained, beautifully landscaped homes on a cul-de-sac. Fabulous location with a 5 minute drive to wonderful shopping and dining in charming Old Naples! Close to 3 private marinas for boating enthusiasts. This home is move-in ready with soothing neutral colors throughout . Beautiful new epoxy floor in spacious garage! If you want to live in Naples close to the dynamic vibe of downtown, beaches, while benefitting from the conveniences of condo living , this should be your new home! Please come see this beautiful property to be enjoyed seasonally or year round!
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/05/2025
|
2 Bed
|
2 Bath
|
1270 ft²
|
$399,000
2 Bed
2 Bath
1270 ft²
|
$305,000
-23.56%
05/22/2026
|
Suzanne Shafer
Premiere Plus Realty Company
| |
|
09/04/2013
|
2 Bed
|
2 Bath
|
1270 ft²
|
$169,900
2 Bed
2 Bath
1270 ft²
|
$169,900
10/15/2013
|
Don Winkler
William Raveis Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017