87 East Avenue
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 |
|---|---|---|---|
| Dec 13, 2025 | Sold | ||
| Sold | |||
| Dec 5, 2025 | Listed by The Agency Naples | $13,000,000 | |
| Listed by The Agency Naples | |||
| Feb 10, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Jan 8, 2025 | Price Decreased |
$13,450,000
↓ $2M
(10.3%) | |
| Price Decreased | |||
| Jul 29, 2024 | Listed by The Agency Naples | $14,995,000 | |
| Listed by The Agency Naples | |||
| | |||
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Welcome to 87 East Avenue, an estate that redefines luxury living and a property truly beyond compare. This extraordinary residence spares no expense, showcasing some of life's finest details. As you step inside, you'll be greeted by bespoke cabinetry and natural stone countertops, setting a tone of sophistication and elegance. The kitchen is a chef's paradise, equipped with top-of-the-line Sub-Zero and Wolf appliances, ensuring every culinary endeavor is a delight. The luxurious primary suite is a sanctuary of comfort, featuring his and her bathrooms that provide ample space and convenience. The en-suite bedroom is a spa-like retreat, designed to pamper and rejuvenate. Every detail in this home has been thoughtfully curated to offer an unparalleled living experience.
Outdoor living is elevated to new heights with an oversized pool and spa, perfect for leisurely afternoons basking in the sun. The expansive covered lanai is an entertainer's dream, offering a seamless blend of indoor and outdoor living spaces. Whether hosting a summer soirée or enjoying a quiet evening, this area is designed for enjoyment and relaxation. In addition to the main residence, the property features a charming 1-bedroom, 1-bath guest house, providing privacy and comfort for visitors. The entire property is fenced and gated, ensuring the utmost privacy and security for its residents. With 5 bedrooms, a gym, and two offices, the exceptional layout is designed to cater to every need, offering versatile spaces for work, fitness, and relaxation. This home is truly remarkable, offering a lifestyle of unparalleled luxury and sophistication. Welcome to a world of elegance and comfort, where every detail is crafted to perfection.
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Property Highlights
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About North Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017