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5175 Green Boulevard
About This Property
This home has been thoughtfully updated for longevity and peace of mind. Key features include a new metal roof, Impact-resistant windows throughout, and completely redone plumbing and electrical systems (2015). Spanning nearly 2,000 square feet, the interior offers a spacious layout including a primary suite with a grand walk-around closet and a spa-like ensuite bath with a jacuzzi tub.
The outdoor living space is a true highlight, featuring a pool newly resurfaced in 2024. The expansive lanai includes a new "picture window" screen, providing unobstructed views of the lush, private grounds. With over two acres of space and NO HOA, there is ample room to park an RV, boat, or professional equipment.
Strategically located just off Pine Ridge Road, you are moments away from I-75 and the world-class shopping, dining, and beaches of Naples, while still enjoying the tranquility of the Estates. This property can be a strategic addition to an investment portfolio.
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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 |
|---|---|---|---|
| Jun 27, 2026 | Sold | ||
| Sold | |||
| May 29, 2026 | In contract | - | |
| In contract | |||
| May 12, 2026 | Relisted | $694,000 | |
| Relisted | |||
| May 5, 2026 | In contract | - | |
| In contract | |||
| Apr 8, 2026 | Price Decreased |
$699,000
↓ $16K
(2.2%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017