1507 Santiago Circle
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 |
|---|---|---|---|
| Aug 12, 2023 | No longer available | - | |
| No longer available | |||
| Aug 10, 2023 | Sold | ||
| Sold | |||
| Jul 10, 2023 | Listed by Naples Sunrise Realty LLC | $695,000 | |
| Listed by Naples Sunrise Realty LLC | |||
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Welcome to this beautiful 3 bedroom, 3 bathroom single family home in Artesia! This home features a large great room and open concept kitchen perfect for entertaining, a 2 car garage with built in cabinets for extra storage, and a large screened in patio and a pool to enjoy hot summer days in! The kitchen features a large island big enough for four chairs to sit at comfortably, a walk in pantry, and stainless steel appliances. The master bathroom includes a separate tub and shower, dual sink vanity, a water closet for privacy, and a linen closet. The home is located just steps from the Artesia Clubhouse that offers an array of amenities including billiards, a dog park, a community pool, an exercise room, pickleball, and more! This South Naples location is a short distance to shopping, dining, Marco Island, and many other Southwest Florida activities. The manager has listed the unit size as 1849 square feet.
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| Jun 22, 2023 | Listed by Keller Williams Realty Naples | $695,000 | |
| Listed by Keller Williams Realty Naples | |||
| Jul 23, 2019 | Sold | ||
| Sold | |||
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About South Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017