$950,000
●
Condo -
Off Market
3003 Lancaster Drive #1
Naples, FL 34105
2 Beds
2 Baths
2,126 Ft²
$6,654
Est. Monthly
$1,227
HOA / Fees
1.12%
Cap Rate
About This Property
MASSIVE PRICE REDUCTION amazing Panoramic Golf Course & Lake Views
can be enjoyed from this single story 2 Bedroom + Den, which can be
easily converted into a third bedroom, coach home. Best scenic and
private lot located at the end of the cul-de-sac with beautiful
landscaping. From the moment that you enter the front door of this
former model home you will be dazzled. Enjoy captivating views from
main living areas and screened lanai patio. Wait till you see the
gorgeous sleek redesigned spacious master bathroom. The sunny
kitchen has all new stainless steel appliances. Sliding glass door
and windows been replaced with impact glass along with many other
improvements. Picture perfect property located in Kensington Golf &
Country Club and offers a variety of membership offerings.
Wonderful proximity to downtown, shopping, restaurants, beaches
make Kensington a perfect choice for a country club lifestyle.
Unit Size
2,126 Ft²
Days on Market
195 days
Land Size
-
Price per sqft
$468
Property Type
Condo
Property Taxes
$541
HOA Dues
$1,227
Year Built
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 5 months ago ( #225024861)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 17, 2025 | Sold | ||
| Sold | |||
| Jul 26, 2025 | In contract | - | |
| In contract | |||
| Mar 21, 2025 | Price Decreased |
$995,000
↓ $105K
(9.6%) | |
| Price Decreased | |||
| Mar 6, 2025 | Listed by Berkshire Hathaway FL Realty | $1,100,000 | |
| Listed by Berkshire Hathaway FL Realty | |||
Property Highlights
Garage
Air Conditioning
With View
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage, Garage Door Opener
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Bathtub, FamilyDiningRoom, LivingDiningRoom, SeparateShower, SplitBedrooms
Flooring Type: Carpet, Marble
Laundry Features: Inside, LaundryTub
Exterior Details
Has Property Attached
Square Footage: 2126
Square Footage Source: $0
Property Condition: Resale
Architectural Style: CoachCarriage, LowRise
Year Built: 1994
Waterfront Features: None
Building Area Total: 2194
Window Features: DoubleHung, Sliding, ImpactGlass
Construction Materials: Block, Concrete, Stucco
Patio and Porch Features: Porch, Screened, Lanai
Lot Features: Zero Lot Line
Lot Size Units: Acres
Tax Lot: 2
Water Source: Public
Financial Details
Tax Annual Amount: $6,492
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds, Pest Control, Sewer, Security, Water, ReserveFund, StreetLights
HOA/Condo/Coop Amenities: Management, Sidewalks
HOA Fee: $1,227
HOA Fee Frequency: Quarterly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/06/2025
|
2 Bed
|
2 Bath
|
2126 ft²
|
$1,100,000
2 Bed
2 Bath
2126 ft²
|
$950,000
-13.64%
09/17/2025
|
Simon Melley
Berkshire Hathaway FL Realty
| |
|
02/01/2012
|
2 Bed
|
2 Bath
|
2126 ft²
|
$469,000
2 Bed
2 Bath
2126 ft²
|
$439,000
-6.40%
01/10/2013
|
Marie Harris
John R Wood Properties
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017