261 Memory LN #2702
About This Property
The manager has listed the unit size as 1542 square feet.
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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.
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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 6, 2021 | No longer available | - | |
| No longer available | |||
| Aug 10, 2021 | In contract | - | |
| In contract | |||
| Jul 29, 2021 | Listed | $249,900 | |
| Listed | |||
| | |||
|
“Best location in the Glades”. Rarely available. The spacious 2/2 unit is on a private cul-de-sac with expansive golf course views. This unit has been updated and features a gourmet eat in kitchen with granite countertops, exquisite cabinetry and tile backsplash. Beautiful tiger wood floors in the two large bedrooms. Spacious living room and dining room with wet bar and wine cooler, great area for entertaining. Unit has impact windows, triple sliding lanai doors and hurricane shutters on the lanai. Glades Country Club is a bundled golf community with its own restaurant, private clubhouse, tennis courts, several swimming pools and a short distance to the beach, upscale shopping and restaurants. Must see to appreciate. The manager has listed the unit size as 1542 square feet.
| |||
| Feb 1, 2021 | No longer available | - | |
| No longer available | |||
| Oct 2, 2020 | Price Decreased |
$230,000
↓ $25K
(9.8%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/17/2025
|
2 Bed
|
2 Bath
|
1542 ft²
|
$260,000
2 Bed
2 Bath
1542 ft²
|
$235,000
-9.62%
01/23/2026
|
Laura Zutter
John R Wood Properties
| |
|
02/11/2025
|
2 Bed
|
2 Bath
|
1542 ft²
|
$325,000
2 Bed
2 Bath
1542 ft²
|
-
-
|
Laura Zutter
John R Wood Properties
| |
|
07/29/2021
|
2 Bed
|
2 Bath
|
1542 ft²
|
$249,900
2 Bed
2 Bath
1542 ft²
|
-
-
|
Carole DiCupero, PA
Downing Frye Realty Inc.
| |
|
07/30/2020
|
2 Bed
|
2 Bath
|
1542 ft²
|
$255,000
2 Bed
2 Bath
1542 ft²
|
-
-
|
-
|
Building Info
About East Naples
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$9,000 /mo
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$6,700 /mo
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- 1 Bath
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017