About This Property
This land is ideally positioned to capture the best of natural light throughout the day. Imagine your future home basking in the glow of the morning sun, with the potential for stunning sunset views from your backyard oasis. The possibilities are endless for designing a layout that maximizes both privacy and scenic beauty.
Situated in a serene and established area, this lot offers a harmonious blend of tranquility and convenience. You'll be just a short drive away from Naples' renowned dining, shopping, and entertainment options, as well as pristine beaches and recreational areas. Whether you're envisioning a modern architectural masterpiece or a charming traditional retreat, this land provides the flexibility to bring your vision to life.
Don't miss this rare chance to secure a prime piece of Naples real estate. Envision your future and make it a reality at 20th Ave SE. Contact us today for more information and to explore the endless possibilities this exceptional land has to offer.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 30, 2024 | Sold | ||
| Sold | |||
| Sep 16, 2024 | In contract | - | |
| In contract | |||
| Sep 3, 2024 | Listed by Compass Florida LLC | $148,000 | |
| Listed by Compass Florida LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017