1448 HEMINGWAY Place
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%.
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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.
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 3, 2024 | No longer available | - | |
| No longer available | |||
| Feb 1, 2024 | Listed by William Raveis Real Estate | $3,590,000 | |
| Listed by William Raveis Real Estate | |||
| | |||
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Welcome to Hemingway Place! This Borelli Construction custom crafted 2-story estate is located west of Goodlette & central to all Naples has to offer. When you enter into the home, you are greeted by warm, glistening sunlight. Views out to the relaxing private pool & spa, outdoor kitchen w/ a built-in gas grill, & a dedicated dining space. This property has been intricately designed and finished. 4,348 sq ft.: 4 bedrooms + den, 6 bathrooms, media room, and a bonus/flex room. The main living area has an open flow. The inside living meets directly with the outdoor living spaces providing ease for entertaining. The gourmet kitchen boasts high end appliances, a large island with seating, walk-in pantry, and incredible wall height wine storage. Two master suites, all bedrooms are en-suites. A private elevator, impact windows and sliding glass doors, a 2-car garage, Aqualink system, & 120-gallon propane gas tank. Two NEW AC systems, front door, interior and exterior paint and redesigned landscaping. Enjoy morning coffee on your balcony upstairs, & a cocktail on your lanai in the evening. Hemingway Place is a low density, gated community situated just east of Parkshore. Welcome home! The manager has listed the unit size as 4348 square feet.
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| Jul 25, 2023 | Sold | ||
| Sold | |||
| Jul 9, 2023 | No longer available | - | |
| No longer available | |||
| Mar 23, 2023 | In contract | - | |
| In contract | |||
Property Highlights
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About Central Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017