1688 Royal Circle #402
About This Property
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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 |
|---|---|---|---|
| Feb 12, 2025 | Sold | ||
| Sold | |||
| Jan 19, 2025 | In contract | - | |
| In contract | |||
| Nov 5, 2024 | Listed by EXP Realty LLC | $399,900 | |
| Listed by EXP Realty LLC | |||
| | |||
|
Welcome to this beautifully maintained and upgraded 3-bedroom, 2-bath villa with a 2-car garage, offering the perfect blend of comfort, style, and functionality. Situated in the serene and sought-after Crown Pointe neighborhood, this home lives like a single-family residence with all the convenience of a villa lifestyle. Step inside to discover a bright, open floor plan with high-volume ceilings, creating a spacious and airy atmosphere. The chef's kitchen features elegant granite countertops, a stylish tile backsplash, raised-panel white cabinetry, and solid surface floors throughout — no carpet to worry about! The large master suite and two additional generously-sized bedrooms offer plenty of space for family and guests. Both bathrooms are updated with tile and raised-panel white cabinets, adding to the home's cohesive and polished aesthetic. Enjoy outdoor living in your private, large L-shaped lanai, where you can relax and unwind while overlooking peaceful green space. For added convenience, the community pool is just a short stroll away, and the larger community pool and fitness center are perfect for socializing and staying active. With an unbeatable location just minutes from Naples' famous Fifth Avenue, Third Street South, world-class shopping, dining, galleries, and the pristine white-sand beaches, this villa truly offers the best of the Naples lifestyle. Don’t miss your chance to own this gem — a perfect retreat for those seeking comfort, privacy, and proximity to everything Naples has to offer!
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| Nov 1, 2024 | No longer available | - | |
| No longer available | |||
| Oct 23, 2024 | Price Decreased |
$405,000
↓ $20K
(4.7%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/05/2024
|
3 Bed
|
2 Bath
|
1451 ft²
|
$399,900
3 Bed
2 Bath
1451 ft²
|
$385,000
-3.73%
02/12/2025
|
Susan Heller
RE/MAX ACTION
| |
|
04/22/2024
|
3 Bed
|
2 Bath
|
1451 ft²
|
$425,000
3 Bed
2 Bath
1451 ft²
|
-
-
|
Todd Irby
Coldwell Banker Realty
|
Building Info
About South Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017