845 Reef Point CIR #38
About This Property
The manager has listed the unit size as 1359 square feet.
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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%.
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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.
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 21, 2026 | No longer available | - | |
| No longer available | |||
| Nov 21, 2025 | Listed | $1,075,000 | |
| Listed | |||
| | |||
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One of the best locations in Naples! Beachwalk is just one mile to Vanderbilt Beach and three miles to Wiggins State Park, The Shops at Mercato, and countless other amenities. This spectacular 2-bedroom, 2-bath villa with a single-car garage is absolutely stunning. The kitchen offers a contemporary flair with granite countertops, stainless steel appliances, and sliders opening to a charming gated patio—perfect for enjoying your morning beverage. The home features impact glass sliders, doors, and windows throughout, is freshly painted inside and out, and offers neutral tile flooring. The spacious great room is light and bright, showcasing phenomenal wide lake views surrounded by lush landscaping. The primary en suite is generous, featuring a large walk-in closet with custom cabinetry, dual sinks, a walk-in shower, and a private water closet. The guest bedroom is also sizeable with sliders leading to the hot tub area and includes custom closet shelving. The guest bath offers an oversized shower and single-sink vanity. Additional features include new washer/dryer, keyless entry.
Live the Naples lifestyle in style with this beautiful home!
| |||
| Apr 5, 2023 | No longer available | - | |
| No longer available | |||
| Apr 4, 2023 | Price Decreased |
$1,075,000
↓ $125K
(10.4%) | |
| Price Decreased | |||
| Feb 17, 2023 | Listed | $1,200,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/21/2025
|
2 Bed
|
2 Bath
|
1359 ft²
|
$1,075,000
2 Bed
2 Bath
1359 ft²
|
-
-
|
Sam Cohen
Downing Frye Realty Inc.
| |
|
09/03/2022
|
2 Bed
|
2 Bath
|
1359 ft²
|
$925,000
2 Bed
2 Bath
1359 ft²
|
-
-
|
Gina Jackson
Premiere Plus Realty Co.
|
Building Info
About North Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017