776 7th Avenue N
About This Property
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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.
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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 |
|---|---|---|---|
| Jun 4, 2025 | Sold | ||
| Sold | |||
| Dec 4, 2024 | In contract | - | |
| In contract | |||
| Oct 14, 2024 | Listed by The Agency Naples | $4,195,000 | |
| Listed by The Agency Naples | |||
| Oct 5, 2024 | No longer available | - | |
| No longer available | |||
| Mar 13, 2024 | Listed by Premier Sotheby's Int'l Realty | $4,290,000 | |
| Listed by Premier Sotheby's Int'l Realty | |||
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Located in the heart of Old Naples, a mere half mile from pristine beaches and one mile from the vibrant downtown Naples, this four-bedroom plus den, three-bath property boasts an unparalleled location free from constraints of HOA and the worries of a flood zone. The home’s exterior exudes timeless elegance with its welcoming circular paver driveway, durable metal roof and half-round gutters, and impact-resistant windows adorned with decorative shutters. The lush landscaping, complete with a 10-foot privacy hedge, envelops the yard, creating a serene oasis. The private lanai with southern exposure is a haven of luxury, featuring covered living areas with electric storm and bug screens, a heated saltwater pool with a sun shelf, and an outdoor shower. Inside, the turnkey furnished interior is a symphony of coastal charm and modern amenities. Enjoy the ambiance created by in-ceiling speakers, recessed lighting, shiplap walls, and light hardwood floors throughout. The heart of the home, the kitchen, is a chef’s dream with white shaker-style cabinets, quartz countertops, a farmhouse sink, and a large center island. Top-of-the-line appliances, including a four-burner with griddle gas range and a double drawer beverage cooler make entertaining a delight. The adjacent open living and dining area is bathed in natural light from pocket glass sliders, seamlessly connecting the lanai for ultimate indoor-outdoor living. Retreat to the primary suite where you’ll find a vaulted shiplap ceiling, two walk-in closets with built-ins, and a spa-like ensuite bath. Upstairs, a loft area, three spacious guest bedrooms, and a well-appointed bath cater to guests and family alike. The two-car garage, with its epoxy floor and built-in cabinets, and the den, featuring a shiplap vaulted ceiling, kitchenette with KitchenAid beverage cooler and icemaker, and long pool views, elevate the functionality and appeal of this magnificent home. Additional features include a video security system, central vacuum, a rear alley, and $250,000 in rental income last year. This property is not just a home, but a lifestyle offering the ultimate location and convenience in one of Naples’ most coveted areas.
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Property Highlights
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About Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017