40 Cypress View Drive #40
About This Property
new furniture in the living & dining areas. Even all 4 ceilings fans are new. And the icing on the
cake is the spectacular view over the green & down the length of the 3rd hole. The amazing
view can be seen from all areas of the home through the large, glass, impact resistant sliders
on the over-sized lanai. The home includes access to a Full Golf Membership, or you have the
ability to select a Social Sports Membership.
Eagle Creek Golf and Country Club is a friendly GOLF and TENNIS (PICKLEBALL) community nestled on 300 acres of lush landscaping, offers a warm atmosphere with only 458 residences. Conveniently located near shopping, beaches, and top-notch dining on Marco Island and Downtown Naples, (8 MILE DRIVE BOTH WAYS) this property promises a vibrant lifestyle enriched with leisure and entertainment.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 25, 2025 | Sold | ||
| Sold | |||
| Feb 23, 2025 | In contract | - | |
| In contract | |||
| Sep 4, 2024 | Price Decreased |
$310,000
↓ $50K
(13.9%) | |
| Price Decreased | |||
| Jan 15, 2024 | Listed by John R Wood Properties | $360,000 | |
| Listed by John R Wood Properties | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/15/2024
|
2 Bed
|
2 Bath
|
1534 ft²
|
$360,000
2 Bed
2 Bath
1534 ft²
|
$290,000
-19.44%
03/25/2025
|
Christine M Siemers
John R Wood Properties
|
Building Info
About South Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017