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820 Cassena Road
About This Property
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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 9, 2026 | In contract | - | |
| In contract | |||
| Aug 26, 2026 | Listed by William Raveis Real Estate | $4,995,000 | |
| Listed by William Raveis Real Estate | |||
| Feb 23, 2026 | Sold | ||
| Sold | |||
| Feb 2, 2026 | Listed by Naples Homes | $4,400,000 | |
| Listed by Naples Homes | |||
| | |||
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820 Cassena Road — Pine Ridge Estates RARE LAKEFRONT HOMESITE WITH CITY WATER & SIDEWALKS Waterfront lots in Pine Ridge almost never
become available—making 820 Cassena Road an extraordinary opportunity to secure one of the community’s most coveted homesites. Perfectly
positioned on a quiet interior street, this expansive 1+ acre property offers long, serene lake views, city water, sidewalks, and a location within the
X-500 flood zone. An extraordinary lakefront setting where you can partner with your preferred architect and builder to create a custom residence
worthy of this rare Pine Ridge location. This property gives you the freedom to design a one-of-a-kind estate tailored to your lifestyle—whether you
envision a modern coastal retreat, a timeless architectural statement, or a family compound with indoor–outdoor living at its core. Situated minutes
from Naples’ world-class beaches, Mercato, Waterside Shops, Artis–Naples, and top-rated schools, this homesite also places you near two exciting
new lifestyle amenities coming soon: Paraiso Beach Club and Sterling’s Private Members Club—a major enhancement to the Pine Ridge and Naples
luxury experience. This is the only lakefront lot currently available in Pine Ridge. Opportunities like this are exceptionally rare—secure your future
estate today.
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| Jan 1, 2026 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017