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707 Hickory Road
About This Property
The flexible floor plan offers outstanding versatility, including a dedicated exercise room, a private loft suite with sitting area-ideal for an au pair or extended guests, and a second primary suite with morning bar, perfect for hosting family and friends in complete comfort.
Surrounded by lush, professionally landscaped grounds, the property offers exceptional privacy and tranquility on one of Pine Ridge's most desirable lakefront corner parcels. Additional features include a circular driveway, oversized 3-car garage with potential expansion to a 6+-car garage, whole-house generator, large air-conditioned storage area, and a dedicated dog room. Located in X-Zone (no flood insurance required), this is a rare opportunity to own a private lakefront estate in one of Naples' most sought-after neighborhoods. A truly special Pine Ridge offering combining acreage, privacy, sunset views, and quality craftsmanship
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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 |
|---|---|---|---|
| Aug 10, 2026 | Sold | ||
| Sold | |||
| Jul 10, 2026 | In contract | - | |
| In contract | |||
| May 13, 2026 | Relisted | $5,495,000 | |
| Relisted | |||
| May 6, 2026 | In contract | - | |
| In contract | |||
| Mar 29, 2026 | Price Decreased |
$5,495,000
↓ $500K
(8.3%) | |
| Price Decreased | |||
Property Highlights
Building Info
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Price/ft²
Listed On
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About North Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017