727 Warwick Place
About This Property
This property is a true blank canvas -- perfect for investors, renovators, or homeowners looking to customize every detail to their personal taste. With solid bones and a functional floor plan, this home is ready for a modern transformation.
Situated in a centrally located Naples community, residents of Berkshire Lakes enjoy low HOA fees (paid annually) and fantastic amenities including a community pool, clubhouse, tennis courts, pickleball, and scenic walking paths around beautiful lakes. Berkshire Lakes is minutes to shopping, dining, and the white sandy beaches Naples is known for.
The Berkshire Commons Plaza, located in front of the Community has so much to offer: Publix, Walgreens, First Watch, Starbuck's, Five Guys, nail salons, barber shop, dry cleaners – and so much more!
Whether you're looking to renovate and resell, create your dream home, or invest in a prime Naples location, this property presents an exceptional value opportunity in one of the area's most established neighborhoods.
Bring your vision and unlock the possibilities!
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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 |
|---|---|---|---|
| Apr 7, 2026 | Sold | ||
| Sold | |||
| Mar 13, 2026 | In contract | - | |
| In contract | |||
| Feb 26, 2025 | Listed by Waterfront Realty Group Inc | $495,000 | |
| Listed by Waterfront Realty Group Inc | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017