65 Rivo Alto Canal
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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%.
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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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Aug 1, 2020 | In contract | - | |
| In contract | |||
| Jun 16, 2020 | Listed | $3,200,000 | |
| Listed | |||
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Welcome to one of the most coveted exterior canal locations on Naples Island situated on a 2562 sq.ft. lot. This 3 bed, 2.5 bath, 2800 sq.ft. modern style home was designed by architect Brent Sears and crafted to perfection by local contractor Dennis Gilday. New exterior paint and beautiful new landscaping complement the water front patio that boasts a built in kitchen with Viking BBQ and offers the perfect setting for watching sunsets and entertaining family and friends. Enter through the custom front door into a bright and open floor plan consisting of a formal canal view front living room with floor to ceiling windows and sliders. Spacious dining area with low voltage custom designed lighting system leads out to a sunny side patio featuring a tranquil water fountain. Chef's kitchen appointed with granite counter tops, Bosch dishwasher, Viking 6 burner stove, Viking Pro refrigerator and separate island with bar seating. Family room with gas fireplace and powder room finish the downstairs. The master retreat offers canal views, vaulted ceilings, double sided fireplace, separate sitting area with built in library, dual walk in closets with laundry, jacuzzi tub and oversized walk in shower with dual heads. Office/bedroom with vaulted ceilings, built ins, corner wrap around windows and balcony overlooking the canal. 3rd bedroom shares the canal balcony and a full bath which completes the upstairs. Oversized 2 car garage with work area and storage. 30 ft boat dock w/ramp. The manager has listed the unit size as 2800 square feet.
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| Feb 25, 2019 | Sold | ||
| Sold | |||
| Jun 9, 2018 | Listed by Nationwide Real Estate Execs | $2,899,500 | |
| Listed by Nationwide Real Estate Execs | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017