18343 FAIRMONT Drive
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%.
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 14, 2024 | No longer available | - | |
| No longer available | |||
| Jun 13, 2024 | Listed by EXP Realty LLC | $925,000 | |
| Listed by EXP Realty LLC | |||
| Jun 8, 2024 | No longer available | - | |
| No longer available | |||
| Mar 21, 2024 | Listed by Premiere Plus Realty, Co. | $999,000 | |
| Listed by Premiere Plus Realty, Co. | |||
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Immaculate and sprawling custom estate home has it all! This 4 bedroom 3 bathroom plus 1 den and and oversized 2 car garage (22 feet wide X 24 feet deep) with extra fridge is perfect for entertaining multiple guests. Sitting on a quiet cul-de-sac with just under a half acre lot you can enjoy complete and utter privacy, welcoming curb appeal with custom brick paver driveway and custom low voltage landscape lighting. Located in the gated low fee community of Royal Palm Golf Estates this home boasts 2,638 sq feet under air with loads of interior and exterior space. When entering the home you are greeted by a screened entry way, glamorous foyer and elegant dinning room. New barrel tile roof in 2020 with a heavy duty granular under layment membrane for extra protection plus spray form insulation for maximum energy efficiency. Dual thermal pane insulated windows and doors plus a new A/C in 2020. Interior and exterior freshly painted in 2023 and 2024 with the driveway pressure washed and sealed in 2024 as well. Stunning high ceilings inside with custom large granite kitchen and split floor plan for additional interior privacy. This west exposure home has oversized lanai area of approx 1,800 sq feet which includes a non-skid lanai base flooring, custom pool of approx 16x32 in size with solar cover and reel. New pool heater and filter pump in 2020 and a thermal heated jet spa. Additional custom Pergola (12x12) on the lanai to enjoy the serenity and peacefulness with a propane fire pit to relax to at the end of a long day. Home has a security system with monitoring and comes with a 11,900 watt emergency generator. Don't miss this opportunity to experience one of Naples finest offerings! The manager has listed the unit size as 2638 square feet.
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| Jan 3, 2013 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017