97 SHORES Avenue
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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.
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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 14, 2024 | No longer available | - | |
| No longer available | |||
| Feb 28, 2024 | In contract | - | |
| In contract | |||
| Jan 27, 2024 | Listed by Premiere Plus Realty, Co. | $915,000 | |
| Listed by Premiere Plus Realty, Co. | |||
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This charming, GULF ACCESS home providess casual, WATERFRONT living in an ideal North Naples location. With 4 bedrooms, including a spacious master suite and two baths, this stilt home offers multi-level Florida living & beautiful water views. Enjoy evening sunsets from the top decks or while sipping cocktails in the heated pool! Outdoor living space abounds in this home with screened porches off the front bedrooms offering extra space and private sitting areas. Wraparound decks off the kitchen and living areas are perfect for entertaining, grilling and relaxing with family and friends. This unique property is fully fenced with workshop & workbench, extra storage, dog washing station and a non-conforming, efficiency with rental opportunity on the lower level. In addition, there is a finished room and second bathroom that may be used as a pool bath. Relax poolside while enjoying views of the Cocohatchee waterway where dolphin and manatee visit & your boats, kayaks, paddle boards & jet skis can be conveniently docked. Just minutes to the Gulf of Mexico, this is a must-see property with untapped potential close to beaches, shopping, Mercato and more. Your Oasis in Paradise awaits! The manager has listed the unit size as 1568 square feet.
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| Nov 20, 2009 | Listed by Berkshire Hathaway Florida | $439,000 | |
| Listed by Berkshire Hathaway Florida | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017