3211 Lancaster DR #4
About This Property
The manager has listed the unit size as 2866 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%.
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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 |
|---|---|---|---|
| Feb 13, 2025 | Sold | ||
| Sold | |||
| Jan 4, 2025 | In contract | - | |
| In contract | |||
| Nov 11, 2024 | Listed | $1,299,000 | |
| Listed | |||
| | |||
|
Magnificent Lake and Golf Course Views from this Highly Desired Second Floor Lancaster Square Coach Home in Kensington Country Club. Designed by Arthur Rutenberg, known for his expansive great room/dining room area floor plan that flows out to a screened in lanai overlooking the lake and golf course. There are very few coach homes in Naples that offer this unique and spacious design feature. The open kitchen and island encompasses a family room with breakfast area and additional access out to the lanai. This well designed home, with its 3 bedrooms and 3 baths has great privacy for entertaining friends and family. After a day on the golf course or the sandy beaches of Naples, enjoy cocktails on the lanai as you watch the sun set over the lake and golf course. This home includes a private elevator and two car garage. Kensington Country Club offers an amazing club lifestyle with a newly designed golf course, tennis courts, pickel, and a wealth of social and dining activities for your enjoyment. Kensington Country Club is located in one of the most convenient locations in Naples, close to the beaches, restaurants, numerous shopping venues, and various art and theater offerings. Come Enjoy The Lifestyle.
| |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Feb 20, 2021 | In contract | - | |
| In contract | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/19/2025
|
3 Bed
|
3 Bath
|
2866 ft²
|
$1,600,000
3 Bed
3 Bath
2866 ft²
|
-
-
|
Anne Nichols
Premiere Plus Realty Company
| |
|
11/11/2024
|
3 Bed
|
3 Bath
|
2866 ft²
|
$1,299,000
3 Bed
3 Bath
2866 ft²
|
$1,150,000
-11.47%
02/13/2025
|
Lisa Trubiano
John R Wood Properties
| |
|
02/12/2024
|
3 Bed
|
3 Bath
|
2866 ft²
|
$1,500,000
3 Bed
3 Bath
2866 ft²
|
-
-
|
Anne A Nichols
Premiere Plus Realty Co.
| |
|
04/14/2020
|
3 Bed
|
3 Bath
|
2866 ft²
|
$728,000
3 Bed
3 Bath
2866 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017