589 98th Avenue N
About This Property
The open kitchen features a nicely sized breakfast bar, perfect for casual dining and entertaining, and overlooks the main living space. The spacious primary suite provides a relaxing retreat, while the well-appointed guest bedrooms and additional den offer flexibility for family, guests, or a home office.
Step outside to a pleasant backyard ideal for relaxing or outdoor enjoyment. A two-car garage adds convenience, and the home's strong rental history makes it an appealing option for investors or those seeking income potential.
Located close to beaches, dining, shopping, and all that Naples has to offer, this home is a solid choice for a primary residence, seasonal getaway, or investment 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%.
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 |
|---|---|---|---|
| Feb 22, 2026 | No longer available | - | |
| No longer available | |||
| Feb 14, 2026 | In contract | - | |
| In contract | |||
| Feb 9, 2026 | Price Decreased |
$714,000
↓ $10K
(1.4%) | |
| Price Decreased | |||
| Jan 27, 2026 | Relisted | $724,000 | |
| Relisted | |||
| Jan 22, 2026 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017