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5458 Cherry Wood Drive
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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 |
|---|---|---|---|
| Oct 8, 2026 | Price Decreased |
$1,583,300
↓ $750K
(32.1%) | |
| Price Decreased | |||
| Jan 24, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jan 23, 2026 | Listed by John R Wood Properties | $2,333,000 | |
| Listed by John R Wood Properties | |||
| Aug 27, 2025 | Listed by John R Wood Properties | $1,933,000 | |
| Listed by John R Wood Properties | |||
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Your Dream Home Awaits in the Exclusive Logan Farms Enclave
Discover an unparalleled opportunity to craft your perfect sanctuary on a sprawling 2.3-acre canvas in the prestigious Logan Woods of North Naples. Nestled within the intimate Logan Farms, a luxurious five-home community, this meticulously groomed homesite is primed and ready for you to bring your vision to life.
Imagine designing your bespoke residence in a serene, private oasis, surrounded by the natural beauty of Naples, yet just moments away from world-class shopping, dining, top-rated schools, medical facilities, pristine beaches, and championship golf courses. Logan Farms offers the rare blend of tranquil seclusion and effortless access to the vibrant lifestyle Naples is celebrated for.
This exceptional property comes with an added touch of elegance—architectural plans by the renowned Stofft Cooney are available to inspire your dream home, or you can collaborate with Monarch Builders, the creators of Logan Farms, to customize a design from their exclusive library of plans or start fresh with a vision uniquely yours. With prime lots in high demand and short supply, this turnkey opportunity is a rare gem for discerning buyers seeking to create a legacy home in one of Naples’ most coveted locations.
Seize this chance to build your masterpiece in Logan Farms—where luxury, privacy, and possibility converge. Your dream home starts here.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017