8793 Ventura Way
About This Property
The spacious owner's suite includes lanai access, a walk-in shower, soaking tub, dual vanities, and a large walk-in closet. While the home is largely original and ready for updates, it is move-in ready and offers an excellent opportunity to customize the finishes to your style. Key improvements include a new roof (2020) and a quiet, private lanai.
Enjoy Florida living on the screened lanai with a heated pool, ideal for relaxing or entertaining. Offered unfurnished or turnkey furnished, this home is ready for immediate enjoyment.
Pelican Marsh offers over 130 acres of lush landscaping, walking trails, and natural preserves. Residents also have access to an optional golf membership, as well as tennis, pickleball, a fitness center, spa, and more-all just minutes from Vanderbilt Beach, Mercato, and Waterside Shops.
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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 |
|---|---|---|---|
| Aug 29, 2025 | Sold | ||
| Sold | |||
| Jul 27, 2025 | In contract | - | |
| In contract | |||
| Jul 2, 2025 | Price Decreased |
$869,000
↓ $30K
(3.3%) | |
| Price Decreased | |||
| Mar 22, 2025 | Price Decreased |
$899,000
↓ $26K
(2.8%) | |
| Price Decreased | |||
| Mar 19, 2025 | Price Decreased |
$925,000
↓ $25K
(2.6%) | |
| Price Decreased | |||
Property Highlights
Building Info
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Price/ft²
Listed On
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About North Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017