5229 Treetops Drive #I
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%.
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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.
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 |
|---|---|---|---|
| Apr 9, 2026 | Price Decreased |
$145,000
↓ $5K
(3.3%) | |
| Price Decreased | |||
| Feb 2, 2026 | Listed by John R Wood Properties | $150,000 | |
| Listed by John R Wood Properties | |||
| |||
|
Welcome to this inviting 2-bedroom, 2-bathroom condo in the desirable Treetops of Naples community located in Naples, Florida. Boasting approximately 865 square feet of well-designed living space, this residence offers a comfortable and functional layout perfect for everyday living or seasonal use. Step inside to discover an open living area with abundant natural light and a thoughtful flow between the living, dining, and kitchen spaces. The two bedrooms are generously sized, each with easy access to a full bathroom ideal for guests or roommates and the home’s layout maximizes comfort without sacrificing style. This condo is part of a low-rise complex that provides a relaxed, neighborhood feel just minutes from shopping, dining, parks, and Gulf Coast beaches. Residents enjoy access to neighborhood amenities and a convenient location in the heart of Naples. Whether you’re looking for an investment property, a first home, or a vacation residence in sunny Southwest Florida, this property presents a terrific opportunity with timeless appeal and solid bones
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| Sep 17, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Apr 29, 2025 | Price Decreased |
$150,000
↓ $5K
(3.2%) | |
| Price Decreased | |||
| Mar 19, 2025 | Price Decreased |
$155,000
↓ $5K
(3.1%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/10/2025
|
2 Bed
|
2 Bath
|
865 ft²
|
$160,000
2 Bed
2 Bath
865 ft²
|
-
-
|
Meiry Abreu
John R Wood Properties
| |
|
03/10/2021
| |
2 Bed
|
2 Bath
|
865 ft²
|
$145,000
2 Bed
2 Bath
865 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017