188 Palmetto Dunes Circle
About This Property
The spacious kitchen opens to the family room and 5 new sliders provide easy access to your lanai.
Loads of storage, including an abundance of closets, a pantry, and a spacious laundry room.
Improvements to the home include all new sliders, a new front door, a newer roof, water heater, and a new
A/C, as well as some new appliances. Hurricane protection manual shutters for entire house. Enjoy the oversized 2-car garage, and spacious backyard overlooking the Royal Palm Golf Course. Membership is optional and wait-listed.
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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 |
|---|---|---|---|
| Jun 6, 2025 | Sold | ||
| Sold | |||
| Apr 25, 2025 | In contract | - | |
| In contract | |||
| Apr 11, 2025 | Price Decreased |
$650,000
↓ $29K
(4.3%) | |
| Price Decreased | |||
| Mar 22, 2025 | Price Decreased |
$679,000
↓ $20K
(2.9%) | |
| Price Decreased | |||
| Jan 22, 2025 | Relisted | $699,000 | |
| Relisted | |||
Property Highlights
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Price/ft²
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About South Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017