5042 Andros Drive
About This Property
Outdoor living is the showpiece: a custom heated saltwater pool & spa wrapped in travertine, an outdoor shower, and an upgraded summer kitchen with new hood and a striking back-painted glass backsplash set the scene for long, languid afternoons. Thoughtful updates deliver peace of mind-impact windows & doors, electric shutters, newer A/C, water heater, washer/dryer, and pool pump-while fresh interior/exterior paint and landscaping with uplighting make the evenings glow. The garage is fully insulated and upgraded with a split-level A/C unit designed to safeguard your vehicles and possessions in any season.
Positioned near the community's signature amenities, the home enjoys effortless access to the Isles of Collier Preserve's resort environment: resort and lap pools, state-of-the-art fitness, tennis, pickleball, bocce, the Overlook Bar & Grill, and miles of scenic paths and boardwalks through a celebrated natural setting. All of it just a short drive to Marco Island, Fifth Avenue South, and Naples' sugar-sand coastline. A water-view residence that lives like a perpetual luxury getaway-curated, quiet, and beautifully tuned to the light.
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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 |
|---|---|---|---|
| Mar 26, 2026 | Sold | ||
| Sold | |||
| Mar 4, 2026 | In contract | - | |
| In contract | |||
| Jan 7, 2026 | Price Decreased |
$2,095,000
↓ $105K
(4.8%) | |
| Price Decreased | |||
| Oct 15, 2025 | Price Decreased |
$2,199,999
↓ $100K
(4.4%) | |
| Price Decreased | |||
| Sep 19, 2025 | Listed by Realty One Group MVP | $2,300,000 | |
| Listed by Realty One Group MVP | |||
Property Highlights
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About East Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017