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660 8th Avenue S
About This Property
The spacious open floor plan features vaulted ceilings, Miami-Dade pine floors, and timeless beadboard details, creating an inviting setting for entertaining and family gatherings. Rich in Olde Naples history, the home underwent an extensive restoration and expansion that earned it the national grand prize in Better Homes & Gardens' 1992 Home Improvement Contest.
Recent improvements include a new metal roof and main air-conditioning system, both installed in 2025. A heated pool, multiple lounge areas, and grassy lawn enhance the home's relaxed indoor-outdoor lifestyle.
A rare opportunity to own a distinctive Olde Naples home offering character, history, privacy, an exceptional location, and an excellent rental record.
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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 |
|---|---|---|---|
| Sep 16, 2026 | Relisted | $3,295,000 | |
| Relisted | |||
| Aug 18, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Apr 10, 2026 | Listed by Naples Trust Real Estate Servi | $3,295,000 | |
| Listed by Naples Trust Real Estate Servi | |||
| Jan 24, 2013 | Sold | ||
| Sold | |||
| Jul 17, 2012 | Listed by Naples Trust Real Estate Servi | $895,000 | |
| Listed by Naples Trust Real Estate Servi | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017