5238 Treetops Drive #L201
About This Property
Opportunities like this-design-forward, move-in ready, and perfectly positioned-do not come around often. Whether you're searching for a full-time Naples retreat, a lock-and-leave seasonal escape, or a smart investment, 5238 Treetops Drive delivers luxury, location, and lifestyle-without compromise.
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Cap Rate Calculator
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 28, 2026 | Sold | ||
| Sold | |||
| Apr 30, 2026 | In contract | - | |
| In contract | |||
| Apr 13, 2026 | Price Decreased |
$205,000
↓ $7K
(3.3%) | |
| Price Decreased | |||
| Apr 3, 2026 | Price Decreased |
$212,000
↓ $3K
(1.4%) | |
| Price Decreased | |||
| Mar 4, 2026 | Price Decreased |
$215,000
↓ $10K
(4.4%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/02/2026
|
2 Bed
|
2 Bath
|
878 ft²
|
$235,000
2 Bed
2 Bath
878 ft²
|
$195,000
-17.02%
05/28/2026
|
Scott Hansen
Premiere Plus Realty Company
| |
|
04/23/2025
|
2 Bed
|
2 Bath
|
878 ft²
|
$265,000
2 Bed
2 Bath
878 ft²
|
-
-
|
Tina Muracco, LLC
Premier Sotheby's Int'l Realty
| |
|
01/21/2019
|
2 Bed
|
2 Bath
|
878 ft²
|
$113,900
2 Bed
2 Bath
878 ft²
|
-
-
|
-
|
Building Info
About South Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017