5385 Treetops DR #IR2
About This Property
The manager has listed the unit size as 865 square feet.
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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 |
|---|---|---|---|
| Mar 10, 2023 | No longer available | - | |
| No longer available | |||
| Jan 30, 2023 | In contract | - | |
| In contract | |||
| Dec 14, 2022 | Listed | $199,000 | |
| Listed | |||
| Dec 3, 2022 | No longer available | - | |
| No longer available | |||
| Oct 14, 2022 | Listed | $199,000 | |
| Listed | |||
| | |||
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Lovely 2 bedroom 2 bath unit in Treetops of Naples. Enter the home through the lovely screened in porch overlooking the lake. You will be welcomed by beautiful wood flooring and an open living area and kitchen floor plan. Built in bookcases and decorative chair rail throughout the home are just a few of the finishing touches that make this property special. The master suite boasts a large walk in closet and beautiful lake view. Guest bedroom includes another build in bookcase and private bathroom. In unit washer and dryer are just another feature of this great property. Treetops is well located just a short drive to downtown Naples, area beaches and the beautiful Marco Island. Tenant Occupied, agents please read confidential remarks. The manager has listed the unit size as 865 square feet.
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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 |
|---|---|---|---|---|---|---|---|
|
03/21/2025
|
2 Bed
|
2 Bath
|
865 ft²
|
$205,000
2 Bed
2 Bath
865 ft²
|
-
-
|
Ronald Chavez
Premiere Plus Realty Company
| |
|
10/14/2022
|
2 Bed
|
2 Bath
|
865 ft²
|
$199,000
2 Bed
2 Bath
865 ft²
|
-
-
|
Chris Evensen
William Raveis Real Estate
|
Building Info
About South Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017