27
Map
$3,950,000
●
House -
For Sale
198 Carica Road
Naples, FL 34108
5 Beds
4 Baths,
2
Half Baths
4,920 Ft²
$21,650
Est. Monthly
$4
HOA / Fees
About This Property
Situated on a fantastic, corner lot in Pine Ridge Estates sits this
charming, gated, 5 bedroom + den, 3 car garage family home.
Beautifully remodeled in 2015, it lives like a newer build. Coveted
southern exposure ensures year around sun on the pool/spa area.
Latest updates would be the enclosure of the 2nd level terrace into
a dance room in 2021, the roof replacement in 2025, as well as the
water filtration refreshed in 2026. This prime area in Pine Ridge
affords city water to the property, in addition to a well for
perimeter irrigation. A great location in Pine Ridge.
Unit Size
4,920 Ft²
Days on Market
3 days
Land Size
1.08 acres
Price per sqft
$803
Property Type
House
Property Taxes
$2,250
HOA Dues
$4
Year Built
1991
Listed By
Tim Ludemann, PA
Real Broker, LLC
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 days ago ( #226035255)
Price History
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage, Garage Door Opener
Garage Spaces: 3
Interior Details
Half Bathrooms: 2
Full Bathrooms: 4
Interior Features: Breakfast Bar, Built-in Features, Entrance Foyer, High Ceilings, Kitchen Island, Pantry, Walk-In Closet(s), Attic, BreakfastArea, Bathtub, SeparateFormalDiningRoom, DualSinks, FrenchDoorsAtriumDoors, Fireplace, PullDownAtticStairs, SeparateShower, CableTv, UpperLevelPrimary, WalkInPantry, WindowTreatments, SplitBedrooms
Appliances: Cooktop, Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Range, Refrigerator, Self Cleaning Oven, Warming Drawer, Washer, Water Softener, BuiltInOven
Flooring Type: Carpet, Marble
Door Features: French Doors
Laundry Features: Inside, LaundryTub
Rooms: 10
Has Fireplace
Exterior Details
Square Footage: 4920
Square Footage Source: $0
Security Features: Security Gate, Gated Community, Security System, Smoke Detector(s), Fenced
Property Condition: Resale
Architectural Style: TwoStory
Year Built: 1991
Waterfront Features: None
Building Area Total: 6239
Levels: Two
Window Features: Window Coverings, Arched, DoubleHung, SingleHung
Construction Materials: Block, Concrete, Wood Siding, WoodFrame
Patio and Porch Features: Patio, Porch, Open
Pool Features: In Ground, Salt Water
Pool is Private
Lot Features: Corner Lot, SprinklersAutomatic
Lot Size Area: 1.08
Lot Size Units: Acres
Lot Size Acres: 1.08
Lot Size Square Feet: 47044.8
Lot Size Dimensions: 175 x 248 x 236 x 264
Tax Lot: 4
Water Source: Public, Well
Financial Details
Tax Annual Amount: $26,998
Utilities Details
Cooling Type: Central Air, Ceiling Fan(s), Electric, Zoned
Heating Type: Central, Electric, Zoned
Sewer : Septic Tank
Location Details
HOA/Condo/Coop Fee Includes: None
HOA/Condo/Coop Amenities: None
Condo/Coop Fee: $50
Condo/Coop Fee Frequency: Annually
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
Beds
Baths
ft²
Price/ft²
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017