46
Map
3870 SAWGRASS Way #2521
About This Property
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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.
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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 |
|---|---|---|---|
| Nov 11, 2026 | In contract | - | |
| In contract | |||
| Oct 13, 2026 | Listed by John R Wood Properties | $449,000 | |
| Listed by John R Wood Properties | |||
| |||
|
IMMEDIATE GOLF AVAILABLE with this Highly sought-after Abbey Model Veranda offering 1,661 sqft of beautifully maintained living space in the highly desirable Cedar Hammock Golf & Country Club. Enjoy nightly sunsets with a beautiful view of the lake, preserve, and golf course. This second-floor END unit is filled with natural light and showcases tranquil lake and golf course views from the private screened lanai. Offered TURNKEY FURNISHED, the residence features a light, neutral palette throughout, creating an inviting Florida retreat. This popular floor plan includes 2 bedrooms, a den, and 2 full baths, providing flexible space for guests, a home office, or additional living area. Large diagonal tile flows through the main living spaces, while the bedrooms and den offer comfortable carpeting. The kitchen is equipped with stainless steel appliances, and a detached one-car garage with a long oversized driveway providing added convenience and storage. Just a short walk to the
Community Pool makes this home very desirable. Residents of Cedar Hammock enjoy an exceptional BUNDLED GOLF Lifestyle with a 18 hole championship golf course, resort-style pool, fitness center, tennis, pickleball, bocce, clubhouse, and dining amenities. Ideally located just minutes from downtown Naples, Marco Island, with world-class shopping, restaurants, and the Gulf beaches.
Major value-added benefit: The $14,000.00 Community Amenities Assessment has been PAID IN FULL, offering peace of mind and added value for the next owner.
| |||
| Sep 1, 2026 | No longer available | - | |
| No longer available | |||
| Feb 20, 2026 | Listed by Premiere Plus Realty Company | $479,000 | |
| Listed by Premiere Plus Realty Company | |||
| Dec 2, 2003 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/20/2026
|
2 Bed
|
2 Bath
|
1661 ft²
|
$479,000
2 Bed
2 Bath
1661 ft²
|
-
-
|
Suzanne Tjaden
Premiere Plus Realty Company
| |
|
12/10/2024
|
2 Bed
|
2 Bath
|
1414 ft²
|
$439,000
2 Bed
2 Bath
1414 ft²
|
$400,000
-8.88%
03/31/2025
|
Michael Hansberry
Premiere Plus Realty Company
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017