2650 LERMITAGE Lane
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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%.
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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.
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 |
|---|---|---|---|
| Apr 1, 2025 | Sold | ||
| Sold | |||
| Feb 4, 2025 | In contract | - | |
| In contract | |||
| Jan 15, 2025 | Listed by William Raveis Real Estate | $3,200,000 | |
| Listed by William Raveis Real Estate | |||
| Dec 9, 2024 | No longer available | - | |
| No longer available | |||
| Dec 11, 2023 | Listed by William Raveis Real Estate | $3,200,000 | |
| Listed by William Raveis Real Estate | |||
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Indulge in the ultimate luxury living experience with this exceptional Grey Oaks residence, hosting serene lake and golf course views from a fantastic outdoor living area. The extraordinary home offers many desirable features, including a comfortable family room, a formal living room with a linear fireplace, an updated kitchen with quartz counters, a gas range, a custom island, and a study and formal dining room. The primary suite has two walk-in closets, an expansive bath, two vanities, and a soaking tub. You will find a loft, a covered balcony, and two additional en-suites upstairs. Outdoors, the extended lanai presents a private oasis with a resort-like ambiance, outdoor kitchen, pergola, and a sparkling pool and spa. Perfect for entertaining family and friends, this residence provides endless opportunities for relaxation and enjoyment. Soak in breathtaking sunsets and listen to the serene sounds of nature after a day of pickleball or golfing. Indulge in the Naples’ lifestyle at its finest in sought-after Grey Oaks, with world-renowned shopping, dining, and white sand beaches just minutes away.
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About Central Naples
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Last Updated: 2 years ago
Data Source: SWFLMLS, MLS# 225002735
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017