29
Map
601 97th Avenue N
About This Property
Inside, a light and neutral palette creates an inviting coastal feel, with neutral tile flooring throughout and plantation shutters adding timeless style and privacy. The comfortable, thoughtfully designed floor plan flows easily for both everyday living and entertaining.
Outside, the resurfaced, heated pool creates a private setting for sunny afternoons, evening cocktails and year-round enjoyment of the Naples lifestyle.
Located in the most desirable X500 flood zone, the home features a metal roof from 2019, brand new HVAC system and a 2020 hot water heater. With offered furnishings included, and significant updates already completed, this property offers exceptional versatility as a full-time residence, seasonal escape or investment opportunity. Just minutes from Vanderbilt Beach, the Ritz Carlton, Mercato and some of Naples' best dining, shopping and entertainment, this is Naples Park living at its best!
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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 15, 2026 | In contract | - | |
| In contract | |||
| Sep 2, 2026 | No longer available | - | |
| No longer available | |||
| Sep 2, 2026 | Listed by John R Wood Properties | $859,000 | |
| Listed by John R Wood Properties | |||
| Aug 5, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Jul 4, 2026 | Price Decreased |
$889,500
↓ $30K
(3.2%) | |
| Price Decreased | |||
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About North Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017