3 Lanai CIR #3
About This Property
The manager has listed the unit size as 1497 square feet.
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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 6, 2021 | No longer available | - | |
| No longer available | |||
| Mar 23, 2021 | In contract | - | |
| In contract | |||
| Mar 21, 2021 | Listed | $259,900 | |
| Listed | |||
| Sep 30, 2010 | Sold | ||
| Sold | |||
| Sep 28, 2009 | Listed | $129,900 | |
| Listed | |||
| | |||
|
This charming 3 Bed 2 Bath Villa with a two car garage is only a 10 minute drive to Downtown Naples and the beaches! This well maintained property features a very spacious lanai with mechanical hurricane shutters and makes an excellent extra living space in the winter months. Furniture is negotiable.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/21/2021
|
3 Bed
|
2 Bath
|
1497 ft²
|
$259,900
3 Bed
2 Bath
1497 ft²
|
-
-
|
-
| |
|
09/28/2009
|
3 Bed
|
2 Bath
|
1500 ft²
|
$129,900
3 Bed
2 Bath
1500 ft²
|
$106,500
-18.01%
09/30/2010
|
Marlene Graham
Tropics Real Estate, LLC
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017