8655 Naples Heritage Drive #3
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 |
|---|---|---|---|
| Apr 25, 2025 | Sold | ||
| Sold | |||
| Mar 25, 2025 | In contract | - | |
| In contract | |||
| Jan 1, 2025 | Listed by Berkshire Hathaway FL Realty | $525,000 | |
| Listed by Berkshire Hathaway FL Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/19/2025
|
2 Bed
|
2 Bath
|
1414 ft²
|
$439,000
2 Bed
2 Bath
1414 ft²
|
-
-
|
Wendy Garber
Coldwell Banker Realty
| |
|
01/07/2025
|
2 Bed
|
2 Bath
|
1333 ft²
|
$485,000
2 Bed
2 Bath
1333 ft²
|
$45,000
-90.72%
02/28/2025
|
Robb Mackett
Blue Heron Realty of Naples
| |
|
01/01/2025
|
2 Bed
|
2 Bath
|
1414 ft²
|
$525,000
2 Bed
2 Bath
1414 ft²
|
$510,000
-2.86%
04/25/2025
|
Kim Vaughan
BHHS Florida Realty
| |
|
10/28/2023
|
2 Bed
|
2 Bath
|
1333 ft²
|
$525,000
2 Bed
2 Bath
1333 ft²
|
-
-
|
Kim Vaughan
BHHS Florida Realty
| |
|
09/17/2020
|
2 Bed
|
2 Bath
|
1333 ft²
|
$217,000
2 Bed
2 Bath
1333 ft²
|
-
-
|
-
| |
|
05/26/2011
|
2 Bed
|
2 Bath
|
1661 ft²
|
$269,000
2 Bed
2 Bath
1661 ft²
|
-
-
|
BARBARA LEWIS
EXP Realty, LLC
| |
|
03/26/2009
|
2 Bed
|
2 Bath
|
1333 ft²
|
$204,000
2 Bed
2 Bath
1333 ft²
|
$190,000
-6.86%
11/13/2009
|
Joe Morgan, PA
Downing Frye Realty Inc.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017