2631 Durham Circle
About This Property
Located within the new community of Valencia Sky, you'll be just minutes from Downtown Naples' iconic 5th Avenue, renowned for its stunning beaches, vibrant shopping, and fine dining. Valencia Sky sets a new benchmark for 55+ active adult living, offering a resort-style lifestyle that includes an opulent clubhouse and expansive lifestyle complex. Residents enjoy hundreds of exciting events such as Broadway-style shows, matinees, cocktail parties, and galas, all curated by a dedicated full-time lifestyle staff to ensure there's something for everyone. For added peace of mind, no flood insurance needed due to higher elevation! Please note: The List Price provided includes Seller's promotional credits and is subject to Seller's terms, conditions and limitations such as, but not limited to, use of GLFinancial Services, LLC ("GLFinancial") if financing or cash transaction and title and settlement services being provided by Nova Title Company (including, without limitation, the purchase of an owner's title policy in an amount not less than the Total Purchase Price of the Home), but using GLFinancial or Nova Title is not required to purchase a home. However, if you elect not to, Seller's promotional credits will not apply and the final list price will increase.
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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 |
|---|---|---|---|
| Mar 12, 2026 | Sold | ||
| Sold | |||
| Feb 17, 2026 | In contract | - | |
| In contract | |||
| Jan 21, 2026 | Price Increased |
$773,900
↑ $10K
(1.3%) | |
| Price Increased | |||
| Oct 17, 2025 | Price Increased |
$763,900
↑ $10K
(1.3%) | |
| Price Increased | |||
| Sep 12, 2025 | Price Increased |
$753,900
↑ $6K
(0.8%) | |
| Price Increased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
About South Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017