18 Lanai CIR #18
About This Property
The manager has listed the unit size as 1062 square feet.
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| May 22, 2026 | Sold | ||
| Sold | |||
| Apr 22, 2026 | In contract | - | |
| In contract | |||
| Mar 14, 2026 | Price Decreased |
$309,000
↓ $16K
(4.9%) | |
| Price Decreased | |||
| Dec 30, 2025 | Listed | $325,000 | |
| Listed | |||
| | |||
|
This extremely updated property exudes charm throughout and is conveniently in Lely Villas near all the bustling activities Naples has to offer. Condominium ownership but lives like a detached single-family home with two bedrooms and two baths on a private lot featuring a newer tile roof (2023) and impact-resistant windows and doors (2021) attached one-car garage and large covered screen lanai. Open eat-in kitchen has a wood-top island, white cabinetry, quartz countertops, stainless appliances, a stunning built-in coffee bar and a matching built-in entertainment center both with additional storage. Large primary bedroom has lanai access, a walk-in closet and updated bath. The second bath has also been tastefully renovated. The interior features wood-look plank vinyl flooring, crown molding, French doors, six-panel interior doors, newer lighting and fresh paint in neutral tones. The spacious entry closet has been converted to a private nook with desk and storage space, which can quickly and conveniently be hidden. The huge 26-by-12-foot screened-in lanai is an ideal area for relaxing, dining or entertaining. The reasonable condominium fees include cable, internet, irrigation and lawn maintenance. At this price, this hard-to-find modernized house will move quickly.
| |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/30/2025
|
2 Bed
|
2 Bath
|
1062 ft²
|
$325,000
2 Bed
2 Bath
1062 ft²
|
$295,000
-9.23%
05/22/2026
|
Patrick O'Connor, PA
Premier Sotheby's Int'l Realty
| |
|
09/02/2020
|
2 Bed
|
2 Bath
|
1062 ft²
|
$225,000
2 Bed
2 Bath
1062 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017