807 Turkey Oak Lane
About This Property
Recent updates elevate this home to modern standards, including a beautifully remodeled kitchen with high-end appliances, updated bathrooms, new flooring, custom built-ins, and plantation shutters. Outside, the private, screen-enclosed lanai offers a serene oasis with a covered seating area, an inviting in-ground pool, and plenty of space to relax in the sun. Lush tropical landscaping surrounds the property, creating private and tranquil setting. For peace of mind, this home includes full storm protection and a transferable roof warranty. Located in the sought-after Pelican Bay neighborhood, residents enjoy exclusive amenities such as two private beachfront pavilions, tennis and pickleball courts, a fitness center, and a vibrant community center. Additionally, the home is conveniently close to Naples' best dining, shopping, and cultural destinations.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 31, 2025 | Sold | ||
| Sold | |||
| Aug 18, 2025 | In contract | - | |
| In contract | |||
| Jul 30, 2025 | Price Decreased |
$2,595,000
↓ $100K
(3.7%) | |
| Price Decreased | |||
| Mar 28, 2025 | Price Decreased |
$2,695,000
↓ $200K
(6.9%) | |
| Price Decreased | |||
| Feb 5, 2025 | Price Decreased |
$2,895,000
↓ $200K
(6.5%) | |
| Price Decreased | |||
Property Highlights
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017