18024 SAND TRAP Drive
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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.
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 |
|---|---|---|---|
| Jul 19, 2024 | Sold | ||
| Sold | |||
| Feb 6, 2024 | Listed by Premier Sotheby's Int'l Realty | $1,350,000 | |
| Listed by Premier Sotheby's Int'l Realty | |||
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Beautiful three-bedroom plus den, three-bath home built in 2022. With over 3,000 square feet of living space, this spacious light and bright open-concept residence has a large great room, separate dining room, gourmet kitchen with breakfast bar and morning room. A great place for gatherings, the expansive screened lanai comes with a saltwater two-lane, 25-yard lap pool and spa featuring tranquil southern exposure and relaxing golf course views. On an oversized lot on a quiet cul-de-sac, this home has high ceilings, modern upgrades, tile floor throughout, impact glass windows and doors, three-car garage and extra parking. Nicely landscaped with fruit trees. Enjoy the Eagle Lakes Golf Club, boasting an 18-hole championship public golf course around 21 lakes, a full practice facility, bar and restaurant. Royal Palm Golf Estates is close to restaurants, shopping, Marco Island and all Naples has to offer.
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| Feb 27, 2023 | Sold | ||
| Sold | |||
| Apr 21, 2022 | Sold | ||
| Sold | |||
| Nov 23, 2020 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017