150 Big Springs Drive
About This Property
Nestled on a quiet street in the highly sought-after Lely neighborhood, this beautifully updated 3-bedroom, 2-bathroom pool home offers the perfect mix of style, comfort, and convenience. With a newer A/C and water heater, this move-in-ready residence is packed with modern features.
Step inside to warm laminate flooring, abundant natural light, and a spacious open layout. The chef's kitchen is a standout, featuring crisp white cabinetry, solid surface countertops, and sleek stainless steel appliances. A smart split-bedroom floor plan ensures privacy, with the primary suite tucked away from the guest bedrooms.
Enjoy your private backyard oasis with tranquil views of the screened-in pool and separate Jacuzzi-ideal for both entertaining and everyday relaxation. New pool equipment and a dedicated putting green elevate your outdoor lifestyle.
Additional highlights include:
• Roof replaced in 2017
• Dedicated laundry room with sink and built-in cabinetry
• Low HOA fees, only $100 annually
Located just minutes from the beaches, shopping, dining, and the charm of Olde Naples, this home truly captures the essence of Florida living!
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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 |
|---|---|---|---|
| Dec 23, 2025 | Sold | ||
| Sold | |||
| Nov 26, 2025 | In contract | - | |
| In contract | |||
| Nov 5, 2025 | Price Decreased |
$430,000
↓ $19K
(4.2%) | |
| Price Decreased | |||
| Oct 18, 2025 | Relisted | $449,000 | |
| Relisted | |||
| Sep 12, 2025 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017