2112 Amargo Way
About This Property
Situated on a highly private, southern-exposure preserve lot, this extensively remodeled 2,681 sq ft Aquamarine model offers 4 bedrooms + den and 3 bathrooms with an exceptional open layout and volume ceilings.
The primary suite and guest baths have been completely renovated with spa-inspired finishes, including a large walk-in shower, custom tilework, and designer vanities. The open-concept living area flows seamlessly to a screened lanai with wood-paneled ceiling, overlooking a private pool surrounded by lush preserve for maximum privacy and sunlight.
Located in Saturnia Lakes, a 24-hour guard-gated community in North Naples, residents enjoy resort-style amenities including a clubhouse, fitness center, pools, tennis courts, and more. HOA includes cable, internet, security, and full exterior maintenance for simplified ownership.
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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 |
|---|---|---|---|
| Oct 2, 2026 | Sold | ||
| Sold | |||
| Sep 4, 2026 | In contract | - | |
| In contract | |||
| Aug 27, 2026 | Price Decreased |
$849,000
↓ $26K
(3%) | |
| Price Decreased | |||
| Aug 20, 2026 | Price Decreased |
$874,900
↓ $24K
(2.7%) | |
| Price Decreased | |||
| Jul 21, 2026 | Price Decreased |
$899,000
↓ $46K
(4.9%) | |
| Price Decreased | |||
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About Urban Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017