5
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658 Soliel Drive
About This Property
This beautiful cleared vacant lot is situated west of 41 located in a quiet, gated, single-street cul-de-sac. This community of just 17 homes has low HOA fees of only $2000 per year. You're less than one mile from the beach, parks, and Mercato at the Strand, a hub for dining and shopping.
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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 |
|---|---|---|---|
| Jul 2, 2026 | Price Decreased |
$575,000
↓ $14K
(2.4%) | |
| Price Decreased | |||
| Apr 1, 2026 | Price Decreased |
$589,000
↓ $10K
(1.7%) | |
| Price Decreased | |||
| Mar 10, 2026 | Listed by Liberty Real Estate Services | $599,000 | |
| Listed by Liberty Real Estate Services | |||
| Aug 1, 2025 | Sold | ||
| Sold | |||
| Jul 13, 2025 | In contract | - | |
| In contract | |||
Property Highlights
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About North Naples
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$5,000 /mo
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$8,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017