4020 Cordgrass Way
About This Property
Discover this beautifully furnished Cheshire model villa, situated in the highly sought-after Cedar Hammock Golf & Country Club. This two-bedroom plus den, two-bath home features a new tile roof, air conditioner, hot water heater, and garbage disposal, ensuring modern efficiency and comfort.
Located in a bundled golf community, Cedar Hammock has recently completed an impressive amenities project, further enhancing its appeal. As one of the newest villas in the community, this home is equipped with hurricane-proof windows and an electric storm shutter between the home and the pool for added protection.
This former model home includes premium builder upgrades and sits on a beautifully landscaped oversized lot, offering stunning views. Enjoy the heated pool and spa in a serene setting.
Don't miss this opportunity to own a gorgeous, move-in-ready home in one of Naples' most desirable communities!
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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 |
|---|---|---|---|
| Apr 7, 2025 | Sold | ||
| Sold | |||
| Mar 8, 2025 | In contract | - | |
| In contract | |||
| Mar 8, 2025 | Price Decreased |
$695,000
↓ $55K
(7.3%) | |
| Price Decreased | |||
| Feb 24, 2025 | Price Decreased |
$750,000
↓ $25K
(3.2%) | |
| Price Decreased | |||
| Feb 12, 2025 | Listed by Sun Realty | $775,000 | |
| Listed by Sun Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017